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Alteran Corporation purchased office equipment for $2.0 million in 2015. The equipment is being depreciated over a 5-year life using the sum-of-the-years'-digits method. The residual

Alteran Corporation purchased office equipment for $2.0 million in 2015. The equipment is being depreciated over a 5-year life using the sum-of-the-years'-digits method. The residual value is expected to be $900,000. At the beginning of 2018, Alteran decided to change to the straight-line depreciation method for this equipment.

recrod depreciation expense entry for 2018

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