b Ul these situations. (CA22-5 WRITING (Change in Principle, Estimate) As a certified public accountant, you have been contacted by Joe Davi CEO of Sports-Pro Athletics, Inc., a manufacturer of a variety of athletic equipment. He has asked you how to account for the lowing changes. 1. Sports-Pro appropriately changed its depreciation method for its machinery from the double-declining-balance methe the units-of-production method effective January 1, 2017. 2. Effective January 1, 2017, Sports-Pro appropriately changed the salvage values used in computing depreciation for i fice equipment. 3. On December 31, 2017, Sports-Pro appropriately changed the specific subsidiaries constituting the group of companie which consolidated financial statements are presented. Instructions Write a 1-1.5 page letter to Joe Davison explaining how each of the above changes should be presented in the December 31, financial statements