(a) Prepare all necessary entries in 2022 to record these determinations.

On December 31, 2022, before the books were closed, the management and accountants of Sheridan SA made the following determinations about three depreciable assets. 1. Depreciable asset A was purchased January 2, 2019. It originally cost 543,000 and, for depreciation purposes, the straightline method was originally chosen. The asset was originally expected to be useful for 10 years and have a zero residual value. In 2022, the decision was made to change the depreciation method from straight-line to sum-of-the-years'-digits, and the estimates relating to useful life and residual value remained unchanged. 2. Depreciable asset B was purchased January 3, 2018. It originally cost 187,500 and, for depreciation purposes, the straightline method was chosen. The asset was originally expected to be useful for 15 years and have a zero residual value. In 2022 , the decision was made to shorten the total life of this asset to 9 years and to estimate the residual value at 3,000. 3. Depreciable asset Cwas purchased January 5, 2018. The asset's original cost was 161,600, and this amount was entirely expensed in 2018 . This particular asset has a 10-year useful life and no residual value. The straight-line method was chosen for depreciation purposes. Additional data: 1. Income in 2022 before depreciation expense amounted to 399.900. 2. Depreciation expense on assets other than A,B, and C totaled 55.500 in 2022 3. Income in 2021 was reported at 373.000. 4. Ignore all income tax effects. 5. 99.300 ordinary shares were outstanding in 2021 and 2022