At the beginning of 2021 , the Hoffman Group purchased office equipment at a cost of $330,000. Its useful life was estimated to be 10 years with no salvage value. The equipment was depreciated by the sum-of-the-years'- digits method. On January 1,2024 , the company changed to the straightline method. Required: 1. Identify the type of change. 2. Prepare any journal entry necessary for 2024 related to the situation described