Machinery purchased for $54,000 by Pina Colada Corp. on January 1, 2018, was originally estimated to have an 8 -year useful life with a residual value of $6,000. Depreciation has been entered for five years on this basis. In 2023 , it is determined that the total estimated useful life (including 2023) should have been 10 years, with a residual value of $6,900 at the end of that time. Assume straight-line depreciation and that Pina Colada uses IFRS for financial statement purposes. (a) Prepare the entry that is required to correct the prior years' depreciation, if any. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List debit entry before credit entry.)