Recording Depreciation with a Change in Depreciation Method Pier Exports purchases equipment on January 1, 2018, at a cost of $82,500. The company estimates that there will be no salvage value and that the equipment will have a useful life of 10 years. The company elects to use the double-declining-balance method until 2021, at which time the company changes to the straight-line method of depreciation for the equipment. Required Prepare the depreciation entry for 2021. Note: Round your final answer to the nearest whole number. Account Name Dr. cr. Date Dec. 31, 2021