1.Prior to 2011, Trapper John Inc. used sum-of-the-years'-digits depreciation for its store equipment. Beginning in 2011, Trapper John decided to use straight-line depreciation for these assets. The equipment cost $2.8 million when it was purchased at the beginning of 2009, had an estimated useful life of seven years and no estimated residual value. To account for the change in 2011, Trapper John: Group of answer choices :

a. Would report depreciation expense of $400,000 in its 2011 income statement.

b.Would retrospectively report $600,000 in depreciation expense annually for 2009 and 2010, and report $600,000 in depreciation expense for 2011. None is correct.

c.Would report depreciation expense of $600,000 in its 2011 income statement.

d.Would adjust accumulated depreciation and retained earnings for the excess charges made in 2009 and 2010.