Wertz Construction Company decided at the beginning of 2014 to change from the completed- contract method to the percentage-of-completion method for financial reporting purposes. The company will continue to use the completed-contract method for tax purposes. For years prior to 2014, pretax income under the two methods was as follows: percentage-of-completion $120,000, and completed-contract $80,000. The tax rate is 35%. Prepare Wertzs 2014 journal entry to record the change in accounting principle.