Can someone please help me solve this? thanks!For financial reporting, Kumas Poultry Farms has used the declining$-$balance method of depreciation for conveyor equipment acquired

at the beginning of $2021$ for $$2,560,000.$ Its useful life was estimated to be six years with a $$160,000$ residual value. At the beginning

of $2024,$ Kumas decides to change to the straight$-$line method. The effect of this change on depreciation for each year is as follows:

Required:

Prepare any $2024$ journal entry related to the change.

Note: Enter you answers rounded to the nearest dollar. If no entry is required for a transaction$/$event$,$ select $"$No journal entry

required" in the first account field.

Journal entry worksheet

$1$

Record the adjusting entry for depreciation in $2024.$