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Academic Writer - ... Real Interest Rate C... 5 Unit 3 Lab Assignment Question 5 of 12 ,qcaucmjc writer - - Real Interest Rate C...

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Academic Writer - ... Real Interest Rate C... 5 Unit 3 Lab Assignment Question 5 of 12

,qcaucmjc writer - - Real Interest Rate C... 6 Unit 3 Lab Assignment Question 5 of 12 View Policies Current Attempt in Progress Wildhorse Company purchased land and a building on January 1, 2022. Management's best estimate of the value of the land was $122,000 and of the building $244,000. However, management told the accounting department to record the land at $268,400 and the building at $97,600. The building is being depreciated on a straight-line basis over 15 years with no salvage value. Calculate the annual change in net income Why do you suppose management requested this accounting treatment? Is it ethical? It is likely that management requested this accounting treatment to boost the net income to decrease the depreciation expense to reduce the net income to increase the depreciation expense eTextbook and Media Save for Later and this practice is

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