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For financial reporting, Clinton Poultry Farms has used the declining-balance method of depreciation for conveyor equipment acquired at the beginning of 2015 for $2,848,000. Its useful life was estimated to be six years with a $232,000 residual value. At the beginning of 2018, Clinton decides to change to the straight-line method. The effect of this change on depreciation for each year is as follows ($ in 000s) Declining Balance Year Straight-Line 2015 2016 2017 $ 436 436 436 $ 949 633 422 $2,004 Difference $513 197 (14) $1,308 $696 Required 2. Prepare any 2018 journal entry related to the change. (Enter your answers in dollars rounded to the nearest thousand If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)