On April 1, 2014, Sparky purchased a truck for $50,000 with a salvage value of $7,000 and useful life of 5 years

which was depreciated using the straight line method.  On October 1, 2016, Sparky decided to change the salvage to $3,630 and a total useful life of 9 years.  The bookkeeper has not recorded any depreciation on the truck for 2016.  

Determine the ADJUSTMENT to Sparky’s Income from Continuing Operations (ICO) for this item.  Sparky has a corporate tax rate of 30%.  

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