Dyke bought equipment on January 1, 2013 for $392,000 with a$32,000 estimated salvage value and a six-year life. The companydebited an expense account and credited cash on the purchase datefor the entire cost of the asset. (Straight-line method) The errorwas discovered in 2016. Prepare in general journal form the entry necessary to correct the books for the transaction, assuming thatthe books have not been closed for the current year of 2016.