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Orange Corp. constructed a machine at a total cost of $88 million. Construction was completed at the end of 2014 and the machine was placed

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Orange Corp. constructed a machine at a total cost of $88 million. Construction was completed at the end of 2014 and the machine was placed in service at the beginning of 2015. The machine was being depreciated over a 7-year life using the sum-of-the-years' digits method. The residual value is expected to be $8 million. At the beginning of 2018, Orange decided to change to the straight- line method. Ignoring income taxes, what will be Orange's depreciation expense for 2018? (Do not round your intermediate calculation and round final answer to 1 decimal place.) Multiple Choice $9.1 million. $71 million. $17.1 million. $11.4 million

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