Collins Corporation purchased office equipment at the beginning of $2022$ and capitalized a cost of $$2,000,000.$ This cost figure included the following expenditures:

Purchase price $ $1,850,000$

Freight charges $30,000$

Installation charges $20,000$

Annual maintenance charge $100,000$

Total $ $2,000,000$

The company estimated an eight$-$year useful life for the equipment. No residual value is anticipated. The double$-$declining$-$balance method was used to determine depreciation expense for $2022$ and $2023.$

In $2024,$ after the $2023$ financial statements were issued, the company decided to switch to the straight$-$line depreciation method for this equipment. At that time, the company's controller discovered that the original cost of the equipment incorrectly included one year of annual maintenance charges for the equipment.

Required:

Ignoring income taxes, prepare the appropriate correcting entry for the equipment capitalization error discovered in $2024.$

Ignoring income taxes, prepare any $2024$ journal entry$($s$)$ related to the change in depreciation methods.