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The Donut Stop acquired equipment for $ 2 3 , 0 0 0 . The company uses straight - line depreciation and estimates a residual
The Donut Stop acquired equipment for $ The company uses straightline depreciation and estimates a residual value of $ and a fouryear service life. At the end of the second year, the company estimates that the equipment will be useful for four additional years, for a total service life of six years rather than the original four. At the same time, the company also changed the estimated residual value to $ from the original estimate of $
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Calculate how much The Donut Stop should record each year for depreciation in years to
Annual depreciation in Years to
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