The machinery has an estimated life of five years and an


B Company switched from the sum-of-the-years-digits depreciation method to straight-line depreciation in 2016. The change affects machinery purchased at the beginning of 2014 at a cost of $87,300. The machinery has an estimated life of five years and an estimated residual value of $4,365. What is B's 2016 depreciation expense?

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Accounting Basics: The machinery has an estimated life of five years and an
Reference No:- TGS01379644

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