Question
A machine that cost $59433 on January 1, 2015 was depreciated by Ava Company using the straight line method. The machine had no residual value
A machine that cost $59433 on January 1, 2015 was depreciated by Ava Company using the straight line method. The machine had no residual value and a useful life of 8 Years. On January 1. 2017, the company switched to the sum of years-digits method.
What is the depreciation expense for the year ended December 31, 2017?
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Survey of Accounting
Authors: Edmonds, old, Mcnair, Tsay
2nd edition
9780077392659, 978-0-07-73417, 77392655, 0-07-734177-5, 73379557, 978-0073379555
