MC: M 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 2019 2020 Straight-Line $ 424 424 424 $1,272 (5 in thousands Declining Balance $ 917 611 408 $1,936 Difference 5493 187 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.) W S Journal entry worksheet Record the adjusting entry for depreciation in 2021. 3 4 5 > ' B 9 - E R T Y 2 ' 0 P D F G H J K L x C > < > B N M H command command C