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Question 8 5 pts Cashew Corp. constructed a machine at a total cost of $382 million. Construction was completed at the end of 2017 and
Question 8 5 pts Cashew Corp. constructed a machine at a total cost of $382 million. Construction was completed at the end of 2017 and the machine was placed in service at the beginning of 2018. The machine was being depreciated over a 10-year life using the sum-of-the-years'- digits method. By that method, accumulated depreciation at the end of 2020 is $183.6 million. The residual value is expected to be $8.0 million. At the beginning of 2021, Cashew decided to change to the straight-line method. Ignoring income taxes, what will be Cashew's depreciation expense for 2021? O $9.9 million. None of the options listed. O $27.2 million $30.6 million O $49.6 million
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