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On January 1,2023 , Choufleur Company purchased a machine for $250,000 with a useful life of 10 years and no salvage value. The machine was
On January 1,2023 , Choufleur Company purchased a machine for $250,000 with a useful life of 10 years and no salvage value. The machine was depreciated using the double-declining balance (DOB) method, and the carrying amount of the machine was $153,600 on December 31, 2024. Choufleur changed to the straight-line method on January 1, 2025. Choufleur can justify the change. What should be the depreciation expense on this machine for the year ended December 31, 2025? $30,720 $25,000 $19,200 $15,360 On January 1,2023 , Choufleur Company purchased a machine for $250,000 with a useful life of 10 years and no salvage value. The machine was depreciated using the double-declining balance (DOB) method, and the carrying amount of the machine was $153,600 on December 31, 2024. Choufleur changed to the straight-line method on January 1, 2025. Choufleur can justify the change. What should be the depreciation expense on this machine for the year ended December 31, 2025? $30,720 $25,000 $19,200 $15,360
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Fundamentals Of Human Resource Management
Authors: David A DeCenzo, Stephen P Robbins, Susan L Verhulst
12th Edition
1119032741, 9781119032748
