Sheridan Company changed depreciation methods in 2025 from double-declining-balance to straight-line. Depreciation prior to 2025 under double-declining-balance was $90,800, whereas straight-line depreciation prior to 2025 would have been $50,300. Sheridan's depreciable assets (equipment) had a cost of $240,500 with a $39,100 salvage value, and a 7-year remaining useful life at the beginning of 2025.

Prepare the 2025 journal entry and show work please.