Exercise 20-10 (Algo) Change in depreciation methods [LO20-3] For financial reporting, Clinton Poultry Farms has used the declining-balance method of depreciation for conveyor equipment acquired at the beginning of 2018 for $2,640,000. Its useful life was estimated to be six years with a $180,000 residual value. At the beginning of 2021 , Clinton decides to change to the straight-line method. The effect of this change on depreciation for each year is as follows: Required: 2. Prepare any 2021 journal entry related to the change. (Enter your answers in dollars. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)