Texas Inc. has made several accounting changes to improve its expense allocation method. Assume that it is the end of 2020 and that the accounting period ends on December 31. The books have not been adjusted or closed at the end of 2020. Among the changes are the following.

Equipment A that costs $60,000 (estimated useful life 10 years, residual value $7,200) has been depreciated using the sum-of-the-years-digits method. Early in the eighth year (2020), it was decided to change to straight-line depreciation (with no change in residual value or estimated life).

Equipment B that cost $20,400 (with no residual value) is being depreciated over its estimated useful life of 20 years using the straight-line method. Early in the sixth year (2020), it was decided that the useful life would not last longer than 13 years from the date of acquisition.

Recording a Change in Depreciation Method and Change in Useful Life Texas Inc. has made several accounting changes to improve its expense allocation method. Assume that it is the end of 2020 and that the accounting period ends on December 31. The books have not been adjusted or closed at the end of 2020. Among the changes are the following. 1. Equipment A that costs $60,000 (estimated useful life 10 years, residual value $7,200) has been depreciated using the sum-of-the-years'-digits method. Early in the eighth year (2020), it was decided to change to straight- line depreciation (with no change in residual value or estimated life). 2. Equipment B that cost $20,400 (with no residual value) is being depreciated over its estimated useful life of 20 years using the straight-line method. Early in the sixth year (2020), it was decided that the useful life would not last longer than 13 years from the date of acquisition. Required Prepare the entry to record the 2020 depreciation for Equipment A and for Equipment B. Disregard income tax considerations. Note: Round your final answer to the nearest whole number. Equipment A: Date Account Name Dr. Cr. X 0 Dec. 31, 2020 Depreciation Expense Accumulated Depreciation - > O X Equipment B: Date Account Name Dr. Cr. x o Dec. 31, 2020 Depreciation Expense Accumulated Depreciation 0 X