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Entity C purchased an industrial generator on January 1,2024 for $6,600. It was originally depreciated on a straight-line basis over three years with no salvage
Entity C purchased an industrial generator on January 1,2024 for $6,600. It was originally depreciated on a straight-line basis over three years with no salvage value. On December 31, 2025, before adjusting entries had been made, the company decided to change the total estimated useful life to 5 years (including 2024). What was the depreciation expense for 2025 ? Round to the nearest dollar if necessary. $1,100.$880$1,467$2,200
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