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Discovery Manufacturing Company acquired machinery on January 1 , 2 0 0 7 which it depreciated under the straight - line method with an estimated
Discovery Manufacturing Company acquired machinery on January which it depreciated under the straightline method with an estimated useful life of fifteen years and no salvage value. On January Discovery estimated that the remaining life of this machinery beginning in would now be nine years, with no salvage value. How should this change be accounted for by Discovery?
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