For financial reporting, Clinton Poultry Farms has used the declining$-$balance method of depreciation for conveyor equipment acquired

at the beginning of $2018$ for $$2,816,000.$ Its useful life was estimated to be six years with a $$224,000$ 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:

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.$)$

Journal entry worksheet

$1$

Record the adjusting entry for depreciation in $2021.$

Note: Enter debits before credits.