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please answer to a question, M22-7. thank you. d. Yes No M22-7 On January 2, 2017, Garr Company acquired LO 22.3 machinery at a cost
please answer to a question, M22-7. thank you.
d. Yes No M22-7 On January 2, 2017, Garr Company acquired LO 22.3 machinery at a cost of $320,000. This machin- ery was being depreciated by the double-declin- ing-balance method over an estimated useful life! of 8 years, with no residual value. At the beginning of 2019, Garr changed to the straight-line method of depreciation. What is the amount of deprecia- tion expense that Garr should record for 2019 a. $22,500 b. $30,000 c. $36,000 d. $140,000
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