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22. In 2004 Rowe Company changed from straight-line to double-declining-balance depreciation. The total difference in depreciation for all years through 2003 was $104,000 and for
22. In 2004 Rowe Company changed from straight-line to double-declining-balance depreciation. The total difference in depreciation for all years through 2003 was $104,000 and for 2004 the difference was $10,000. The tax rate is 30%. The amount that should be reported in the income statement for 2004 as a change in accounting principle is A) $72,800 debit. B) $72,800 credit. C) $79,800 debit. D) $79,800 credit
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