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Doug Smith Industries purchased warehouses for $154 million (no residual value) at the beginning of 2018. The warehouses were being depreciated over a 10 year

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Doug Smith Industries purchased warehouses for $154 million (no residual value) at the beginning of 2018. The warehouses were being depreciated over a 10 year life using the sum of the years digits method. At the beginning of 2021, management decided to change to straight line. Ignoring taxes, the 2021 adjusting entry will include a debit to depreciation expense ot (Round your answer to 2 decimal places.) O O $1120 million O () $75 40 milion O C) S in O mon

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