The Earland Corporation purchased equipment at the beginning of 20x7 and capitalized a cost of $2,000,000. This cost included the following expenditures:

Purchase price $1,850,000

Freight charges 30,000

Installation charges 20,000

Annual maintenance charge 100,000

Total=$2,000,000

The company equipment is being depreciated at a diminishing balance rate of 15% with no residual value. In 20x9, after the 20x8 financial statements were issued, the company decided to switch to the straight-line method of depreciation to reflect a change in the expected use of the equipment. At the time, the companys controller also noticed the error made in 20x7. The company estimates that the total useful life of the equipment is 10 years with no residual value. The companys tax rate is 35% and the equipment belongs to a UCC class having a 30% CCA rate.

Required

(a) Prepare the journal entry at the beginning of 20x9 to adjust for the error.

(b) What is the 20x9 depreciation expense?