Jenkins,Inc.builds custom machines for manufacturers using robotic equipment.In 2016,the company decided to change from straight-line to double-declining-balance depreciation for its robotic equipment.It changed the life expectancy as follows:
Determine the correct amount of depreciation to expense for 2016.
A)$250,000
B)$300,000
C)$400,000
D)$600,000

Question

Jenkins,Inc.builds custom machines for manufacturers using robotic equipment.In 2016,the company decided to change from straight-line to double-declining-balance depreciation for its robotic equipment.It changed the life expectancy as follows:
  Determine the correct amount of depreciation to expense for 2016. 
A)$250,000 
B)$300,000 
C)$400,000 
D)$600,000

Quizplus · Accepted Answer

The Answer of Jenkins,Inc.builds custom machines for manufacturers using robotic equipment.In 2016,the company decided to change from straight-line to double-declining-balance depreciation for its robotic equipment.It changed the life expectancy as follows:
  Determine the correct amount of depreciation to expense for 2016. 
A)$250,000 
B)$300,000 
C)$400,000 
D)$600,000