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What is the answer to this problem? 12. Hannah Corporation purchased machinery on January 1, 2019 for $567.000. The company used the sum of the
What is the answer to this problem?
12. Hannah Corporation purchased machinery on January 1, 2019 for $567.000. The company used the sum of the years-digits method and no salvage value to depreciate the asset for the first two years of its estimated six year life On January 1, 2021 Hannah changed to the straight line deprecision method for this asset. The amount that Hannah should report for depreciation expense on its 2021 income statement is $67.500 None of the above $94.500 $108.000Step by Step Solution
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