Annual depreciation expense on equipment purchased a few years ago (using the straight-line method) is $5,000. The cost of the equipment was 100,000. The current book value of the equipment (January 1, 2009)) is 85,000. At the time of the purchase, the asset was estimated to have a zero salvage value. On January 1, 2009, the company decided to reduce the original useful life by 25% and to establish the salvage value of $5,000. The firm also decided double-decling blance depreciation was more apporipriate. Ignore tax effects. Required: 1. Record the journal entry, if any, to report the accounting change. 2. Record the annual depreciation for 2009