The most appropriate reason for an increase in depreciation expense is that

Question $26$Answer

a$.$

Depreciation for prior periods was overstated.

b$.$

Major repairs were not recorded.

c$.$

A depreciable asset was impaired.

d$.$

Retained earnings have been appropriated for a possible loss on retirement.

e$.$

Based on a re$-$evaluation, estimated salvage values have been lowered.