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For financial reporting. Clinton Poultry Farms has used the declining-balance method of depreciation for conveyor equipment acquired at the beginning of 2015 for 52704000. Its useful life was estimated to be six years with a 5196000 residual value. At the beginning of 2018. Clinton decides to change to the straight-line method. The effect of this change on depreciation for each year is as follows (S In 000s): 
Year Straight-Line Declining Balance Difference 2015 5 428 5 901 5483 2016 428 601 183 2017 428 401 (17) $1,254 51,903 $649 
Required: 2 Prepare any 2018 Journal entry related to the change. (Enter your answers in dollars rounded to the nearest thousand. If no entry Is required for a transaction/event, select "No Journal entry required" In the first account field.) 
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Journal entry worksheet 
Record the adjusting entry for depreciation in 2018.