On January 1, 2014, Al's Sporting Goods purchased store fixtures at a cost of $180,000. The anticipated service life was 10 years with no residual value. Al's has been using the double-declining balance method, but in 2016 adopted the straight-line method because the company believes it provides a better measure of income. Al's has a December 31 year-end. The journal entry to record depreciation for 2016 is:

Depreciation expense	23,040
Accumulated depreciation		23,040

Depreciation expense	14,400
Accumulated depreciation		14,400

Accumulated depreciation	28,800
Retained earnings		28,800

No entry