For financial reporting, Clinton Poultry Farms has used the declining-balance method of depreciation for conveyor equipment acquired at the beginning of 2015 for $2,750,000. Its useful life was estimated to be five years, with a $165,000 residual value. At the beginning of 2018, Clinton decides to change to the straight-line method. The effect of this change on depreciation for each year is as follows: ($ in 000s) Year Straight Line Declining Balance Difference 2015 $ 517 $ 1,100 $ 583 2016 517 660 143 2017 517 396 (121 ) $ 1,551 $ 2,156 $ 605 Required: 2. Prepare any 2018 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.)

(Record depreciation expense entry for 2018.)