The Collins Corporation purchased office equipment at the beginning of 2022 and capitalized a cost of $2,000,000. This cost included the following expenditures: The company estimated an eight-year useful iffe for the equipment. No residual value is anticipated. The double-deciling-balance method was used to determine depreclation expense for 2022 and 2023 in 2024, after the 2023 financlal statements were issued, the company decided to switch to the straight-line depreciation method for this equipment. At that time, the company's controller discovered that the original cost of the equipment incorrectly included one year of annual maintenance charges for the equipment. Required: 18. 2. Ignoring income taxes, prepare the appropriate correcting entry for the equipment capltalization error discovered in 2024 and any 2024 journal entries related to the change in depreclation methods. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account fleld. Round your flnal answers to the nearest whole dollar. Journal entry worksheet