was initially 4. On January 1, 20x1, 3-Finger Technique Co. acquired a machine for P40,000,000. The machine depreciated under the double declining balance method using a useful life of 10 years and a residual value of zero. In 20x4, the depreciation method was changed to the straight line method. The useful life was also changed from the original estimate of 10 years to 12 years, and the residual value from zero to P2,000,000. Requirement: Provide the entry on December 31, 20x4