Help Save &Exit Submit Check my work For financial reporting, Clinton Poultry Farms has used the de equipment acquired at the beginning of 2015 for $2,750,000. Its useful life was estimated to be five years, with a $245,000 residual value. At the beginning of 2018, Clinton decides to change to the straight-line method. this change on depreciation for each year is as follows: clining-balance method of depreciation for conveyor The e ffect of $ in 000s) s 501 501 501 $1,503 $1,100 660 396 $2,156 s 599 2015 2016 2017 159 (105) 653 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.) View transaction list Journal entry worksheet Record depreciation expense entry for 2018. 1 of 4 Next >