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A change in the estimated useful life of equipment requires A that no change be made to depreciation calculations, so that depreciation expense amounts are
A change in the estimated useful life of equipment requires
A that no change be made to depreciation calculations, so that depreciation expense amounts are comparable over the life of the asset
B that net income for the current year be increased
C a retroactive change in the amount of depreciation recognized in previous years
D that the amount of depreciation expense be changed in the current and future years
Please advise which answer is correct and why
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