For financial reporting, Clinton Poultry Farms has used the declining-balance method of depreciation for conveyor equipment acquired at the beginning of 2018 for $2,970,000. Its useful life was estimated to be six years, with a $216,000 residual value. At the beginning of 2021, Clinton decides to change to the straight-line method. The effect of this change on depreciation for each year is as follows: ($ in thousands) Year Straight Line 2018 $ 459 2019 2020 459 459 $1,377 Declining Balance $ 990 660 Difference $531 201 440 $2,090 (19) $713 Required: 2. Prepare any 2021 journal entry related to the change. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) View transaction list Journal entry worksheet 1 Record depreciation expense entry for 2021. Note: Enter debits before credits. Event 1 General Journal Debit Credit