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Help Save& Exit Doug Smith Industries purchased warehouses for $55 million (no residual value) at the beginning of 2015. The warehouses were being depreciated over

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Help Save& Exit Doug Smith Industries purchased warehouses for $55 million (no residual value) at the beginning of 2015. The warehouses were being depreciated over a 10-year life using the sum-of-the-years' digits method. At the beginning of 2018, management decided to change to Ignoring taxes, the 2018 adjusting entry will Include a debit to depreciation expense of 46 Multiple Choice $36 million S4 million $4.3 million ere to search

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