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On January 1 , 2 0 2 2 , Carla Vista Corporation acquired machinery for $ 1 6 7 0 0 0 0 . Carla
On January Carla Vista Corporation acquired machinery for $ Carla Vista adopted the straightline method of depreciation for this machine and had been recording depreciation over an estimated life of ten years, with no residual value. At the beginning of a decision was made to change to the doubledeclining balance method of depreciation for this machine. Assuming a tax rate, the cumulative effect of this accounting change on beginning retained earnings, is Select answer from the options below a $ b $ c $ d $
On January Carla Vista Corporation acquired machinery for $ Carla Vista adopted the straightline method of depreciation for this machine and had been recording depreciation over an estimated life of ten years, with no residual value. At the beginning of a decision was made to change to the doubledeclining balance method of depreciation for this machine.
Assuming a tax rate, the cumulative effect of this accounting change on beginning retained earnings, is
Select answer from the options below
a $
b $
c $
d $
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