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Multiple Choice Question 47 On January 1, 2016, Carla Vista Corporation acquired machinery at a cost of $1670000. Carla Vista adopted the straight-line method of
Multiple Choice Question 47 On January 1, 2016, Carla Vista Corporation acquired machinery at a cost of $1670000. Carla Vista adopted the straight-line method of depreciation for this machine and had been recording depreciation over an estimated life of 10 years, with no residual value. At the beginning of 2019, a decision was made to change to the double- declining balance method of depreciation for this machine. Assuming a 30% tax rate, the cumulative effect of this accounting change on beginning retained earnings, is $187040 $313960 $0. $219772. Click if you would like to Show Work for this question: Open Show Work Ruestian Attemnts: f 1 used SAVE FOR LATER SUBMII
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