Pinnacle Corporation has been using the straight$-$line depreciation method to depreciate some office equipment that was acquired at the beginning of $2021.$ At the beginning of $2024.$ Pinnacle decided to change to the double$-$declining$-$balance method. The equipment cost $$120,000$ and is expected to have no salvage value. The estimated useful life of the equipment is five years. The tax rate is $25\%.$

Required: Prepare the journal entry, if any, to record the accounting change at the beginning of $2024.$