Clockwork Company records $5,000 of depreciation under the double-declining-balance method in Year 4, the rst year of operations for the company. In Year 5, the company decides to change to the straight-line method for accounting purposes. If the straight-line method were used in Year 4, depreciation would have been $2,500. Depreciation in Year 5 under the straight-line method is $3,000 (depreciated based on the book value on January 1 of Year 5). The tax rate is 20%. Income from continuing operations before tax and before deducting depreciation in Year 5 is $15,000. Required Provide the Year 5 adjusting entry and calculate Year 5 net income. Note: If a journal entry isn't required, select "N/Adebit" and "N/Acredit" as the account names and leave the Dr. and Cr. answers blank (zero)