Stellar Company purchased a computer system for $$74,800$ on January $1,2019.$ It was depreciated based on a $7-$year life and an $$16,700$ salvage value. On January $1,2021,$ Stellar revised these estimates to a total useful life of $4$ years and a salvage value of $$9,200.$ Stellar uses straight$-$line depreciation.

Prepare Stellar's entry to record $2021$ depreciation expense. $($Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $".$ Entry" for the account titles and enter $0$ for the amounts.$)$

Account Titles and Explanation

Debit

Credit