For financial reporting, Clinton Poultry Farms has used the declining-balance method of depreciation for conveyor equipment acquired at the beginning of 2015 for $2,560,000. Its useful life was estimated to be six years with a $160,000 residual value. At the beginning of 2018, Clinton decides to change to the straight-line method. The effect of this change on depreciation for each year is as follows ( in 000s) Year Straight-Line Declining Balance 2015 2016 2017 $ 400 400 400 $1,200 $ 853 569 379 $1,801 Difference $453 169 (21) $601 Required: 2. Prepare any 2018 journal entry related to the change. (Enter your answers in dollars rounded to the nearest thousand. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the adjusting entry for depreciation in 2018 Note: Enter debits before credits Event General Journal Debit Credit Record entry Clear entry View general journal