Sherioan Ltd$.$purchasec a giece of eauipment onJanuary $2\mathrm{.}2019.$fon$$1\mathrm{.}240\mathrm{.}000.$Atthattime.itwasestimated that ihemaching

woud have as$5-$vear fe and no residua value. On Decemberst $20235$heridan's controller found that the entry for depreciation

expense was omitted in error in $2020,$ in addition. Sheridan planned to switch to double$-$declining balance depreciation because ofa

change in the pattern of benents recelved. starting with the year $20235$heridan currently uses the straight line method for depriciating equipment. They follow IFRS