On January 1, 2015, Nobel Corporation acquired machinery at a cost o straight-line method of depreciation for this machine and had been estimated life of ten years, with no residual value. At the beginningo change to the double-declining balance method of depreciation for this mac recording depreciation over an 2018, a decision was made to depreciaas made to on beginning retained Assuming a 30% tax rate, the curn ulative effect of t earnings, IS a. $67,200. b. $0. c. $78,960. d. $112,800. 18. this accounting change 19.The amount that Nobel should record as depreciation expense for 2 018 is a. $60,000. b. $84,000. c. $120,000. d. none of the above