Baron CoBegan Operations on January 1,2011,at Which Time It Acquired Depreciable

Essay

Baron Co.began operations on January 1,2011,at which time it acquired depreciable assets of $100,000.The assets have an estimated useful life of ten years and no salvage value.
In 2014,Baron Co.changed from the sum-of-the-years'-digits depreciation method to the straight-line depreciation method.
Required:
Determine the depreciation expense for 2014 and prepare the appropriate journal entry.