Sarasota Industries changed from the double-declining-balance to the straight-line method in 2018 on all its equipment. There was no change in the assets salvage values or useful lives. Plant assets, acquired on January 2, 2015, had an original cost of $1,715,200, with a $99,200 salvage value and an 8-year estimated useful life. Income before depreciation expense was $253,600 in 2017 and $275,200 in 2018.

A.) Prepare the journal entry to record depreciation expense in 2018.

B.) Starting with income before depreciation expense, prepare the remaining portion of the income statement for 2017 and 2018.