please expain be-20-5 explain in detail

Lin Lid constructed a machine at a total cost of $35 million. Constructon wascotre was being depreciated over a 10 -year the machine was placed in service at the beginning of 2009 . The machine was beimg depreciated overa 20 life using the double-declining-balance method. An annual rate-of 20 th is applied under 52 million. At the beginning of 2012 , Lin decided to balance method. The residual value is expected to be $2 million. At the beginning of 2012 , Lin decided to change to the straight-line method. Ignoring income taxes, what journal entry( 5 ) should Lin record relating to the machine for 2012 ? Refer to the situation described in BE 204. Suppose Lin has been using the straight-line method and switches to the double-declining-balance method. An annual rate of 20% is to be applied under the new method, Ignoring income taxes, what journal entry(5) should Lin record relating to the machine for 2012