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Question 17 10 pts Part (A). El Segundo Company purchased a plastic injection mold for $60,000 on January 1, 2019, and has been depreciating the
Question 17 10 pts Part (A). El Segundo Company purchased a plastic injection mold for $60,000 on January 1, 2019, and has been depreciating the mold using the double-declining-balance method based on a five-year estimated useful life and no salvage value. On January 1, 2021, El Segundo decided to switch to the straight-line method of depreciation. The salvage value is still zero and the estimated useful life did not change. Ignore income taxes. Prepare the appropriate journal entry, if any, to record the accounting change. Use the following format: 100,000. If there is no number in a box, type "none". If no JE is necessary put "none" in all boxes. Account Debit Credit Question 18 10 pts
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