Filter tips disappear when changing of text format is cancelled

Problem/Motivation

Filter tips are associated with the text format, but this is not getting updated when the text format change is canceled.
Steps to reproduce:

1. I added new text format called Filtered HTML and selected Text Editor none.
2. There was Rich text format which was available out of the box with Text Editor selected as CKEditor.
3. Go to node add page which has Body Field or any field which has field type Text (formatted, long, with summary)
4. Now add some text in the body field when the text format is Filtered HTML
5. Change the Text format to Rich Text, and modal popup will appear.
6. Click on Cancel button in the modal popup.
7. Now you will noticed that Text Format is Filtered HTML but it's tips disappaears. This is an issue.

Expected behavior:
Tips associated with text format should appear even if the text format switching is canceled.

Note: Refer attached screencast for reproducing the bug.

Proposed resolution

Trigger a change event to the select box when clicking the cancel button