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In 2012, Jordan Company changed from straight line to double declining balance depreciation. The total difference in depreciation for all years through 2011 was 104000
In 2012, Jordan Company changed from straight line to double declining balance depreciation. The total difference in depreciation for all years through 2011 was 104000 and for 2012 the difference was 10000. The tax rate is 30%. The amount that should be reported in the income statement for 2012 as a change in accounting principle is
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