1.Masro Company changed depreciation methods in 2019 from double-declining-balance to straight-line. Depreciation prior to 2019 under double-declining-balance was $80,000, whereas straight-line depreciation prior to 2019 would have been $56,000. Masro's depreciable assets had a cost of $350,000 with a $30,000 residual value, and an 6-year remaining useful life at the beginning of 2019. (4 Marks)

Required: Prepare the 2019 journal entry, if necessary, related to Masro's depreciable assets.