Question
Carla Vista Co. bought equipment for $600000 on January 1, 2021. Carla Vista estimated the useful life to be 3 years with no salvage value,
Carla Vista Co. bought equipment for $600000 on January 1, 2021. Carla Vista estimated the useful life to be 3 years with no salvage value, and the straight-line method of depreciation will be used. On January 1, 2022, Carla Vista decides that the business will use the equipment for a total of 5 years. What is the revised depreciation expense for 2022?
|
| $200000. |
|
| $150000. |
|
| $100000. |
|
| $80000. |
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Database Audit And Protection
Authors: Gerardus Blokdyk
3rd Edition
0655407499, 978-0655407492
