West Corp. constructed a machine at a total cost of $82 million. Construction was completed...
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Accounting
West Corp. constructed a machine at a total cost of $82 million. Construction was completed at the end of 2009 and the machine was placed in service at the beginning of 2010. The machine was being depreciated over a 9-year life using the sum-of-the-years'-digits method. The residual value is expected to be $7 million. At the beginning of 2013, West decided to change to the straight-line method. Ignoring income taxes, what will be West's depreciation expense for 2013? (Do not round your intermediate calculation.)
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