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When there is a change in estimate or capital expenditure related to Property, Plant, & Equipment, the first thing that must be done is: Optional

When there is a change in estimate or capital expenditure related to Property, Plant, & Equipment, the first thing that must be done is: Optional Answers: 1. Calculate the cost to repurchase the asset again 2. Nothing, no adjustment is necessary 3. Determine the Book Value of the asset on the date of change 4. Restate all previously issued financial statements to correct for the change

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