Question: Bickner Company changed depreciation methods in 2008 from double-declining-balance to straightline. Depreciation under double-declining-balance was $90,000, whereas straight-line depreciation prior to 2008 would have been

Bickner Company changed depreciation methods in 2008 from double-declining-balance to straightline. Depreciation under double-declining-balance was $90,000, whereas straight-line depreciation prior to 2008 would have been $50,000. Bickner’s depreciable assets had a cost of $250,000 with a $50,000 salvage value, and an 8-year remaining useful life at the beginning of 2008. Prepare the 2008 journal entries, if any, related to Bickner’s depreciable assets.

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