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On January 1, 2022, Carla Vista Corporation acquired machinery for $1670000. Carla Vista adopted...

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Accounting

On January 1, 2022, Carla Vista Corporation acquired machinery for $1670000. Carla Vista 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 Carla Vista should record as depreciation expense for 2025 is $167000. $233800. $334000. $292250.
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On January 1, 2022, Carla Vista Corporation acquired machinery for $1670000. Carla Vista 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 Carla Vista should record as depreciation expense for 2025 is $167000. $233800. $334000. $292250

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