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Jenkins, Inc. builds custom machines for manufacturers using robotic equipment. In 2018, the company decided to change from straightline to doubledeclining balance depreciation for its
Jenkins, Inc. builds custom machines for manufacturers using robotic equipment. In 2018, the company decided to change from straightline to doubledeclining balance depreciation for its robotic equipment. It changed the life expectancy as follows: Original cost of robotic equipment $2,800,000 Accumulated depreciation thru 2017 860,000 Original life in years 8 Remaining life in years 4 Determine the correct amount of depreciation to expense for 2018
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