Alteran Corporation purchased office equipment for $$2\mathrm{.}0$ million at the beginning of $2022.$ The equipment is being depreciated over a

$10-$year life using the double$-$declining$-$balance method. The residual value is expected to be $$800,000.$ At the beginning of $2024($two

years later$),$ Alteran decided to change to the straight$-$line depreciation method for this equipment.

Required:

Prepare the journal entry to record depreciation for the year ended December $31,2024.$

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field. Do not round

intermediate calculations. Enter your answers in whole dollars.