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Please answer as quickly as you can an if you can provide an explanation fro the answer? Thank you in advance. Question 8 6 points
Please answer as quickly as you can an if you can provide an explanation fro the answer? Thank you in advance.
Question 8 6 points Save Answer On January 1, 20x1, Bass Co. purchased a machine for $660.000 and depreciated it by the straight-line method using an estimated useful life of eight years with no salvage value. On January 1, 20x4, Bass determined that the machine had a useful life of six years from the date of acquisition and will have a salvage value of $60,000. An accounting change was made in 20x4 to reflect these additional data. Depreciation expense for 20x4 should be a $117,500 b.$137,500 c. 5247,500 od $365,000 Step by Step Solution
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