For financial reporting, Clinton Poultry Farms has used the declining-balance method of depreciation for conveyor equipment acquired at the beginning of 2018 for $2,752,000. Its useful life was estimated to be six years with a $208,000 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: Year 2018 Straight-Line $ 424 2019 2020 424 424 $1,272 ($ in thousands) Declining Balance $ 917 611 Difference $493 187 408 $1,936 (16) $664 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.)