Refer to Exhibit 22-2. Accordingly, the appropriate accounting change was made in 2019. How much depreciation expense for this machine should Nathan record for the year ended December 31, 2019?
A) $4,200
B) $5,250
C) $7,000
D) $0

Question

Quizplus · Accepted Answer

The appropriate accounting change likely involved a revision in the estimated useful life or salvage value of the machine, leading to a recalculated depreciation expense of $5,250 for 2019.