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On January 1 , 2 0 2 0 , Vancouver Shipping corporation ( vsc ) bought machinery for 8 0 0 , 0 0 0

On January 1,2020, Vancouver Shipping corporation (vsc) bought machinery for 800,000. They used dounble-declinning balance depreciation for the asset, with an estimated life of eight years and and etimated 200,000 residual value. At the begining of 2023, vsc decided to change to the straight -line method of deprecietion for this equipment ,and treated the change as a change in estimate what would the depreciation expense for the machinery amount to for calendar year 2023?

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