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1). Jenkins, Inc. builds custom machines for manufacturers using robotic equipment. In 2022, the company decided to change from straight-line to double-declining balance depreciation for
1). Jenkins, Inc. builds custom machines for manufacturers using robotic equipment. In 2022, the company decided to change from straight-line to double-declining balance depreciation for its robotic equipment. It changed the life expectancy as follows: Original cost of robotic equipment $2,200,000 Accumulated depreciation thru 2021 940,000 Original life in years 8 Remaining life in years 4 Determine the correct amount of depreciation to expense for 2022.
A.$315,000
B$470,000
C.$630,000
D.$275,000
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