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03-04-2024
Business

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On January 1,2022 , Sandhill Corporation acquired machinery for $1680000. Sandhill adopted the straight-line method of depreciation for this machine and had been recording depreciation over an estimated life of ten years, with no residual value. At the beginning of 2025, a decision was made to change to the double-declining balance method of depreciation for this machine. The amount that Sandhill should record as depreciation expense for 2025 is
What is the correct answer?
A. $294000
B. $168000
C. $235200
D. $336000

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