Jenkins, Inc. builds custom machines for manufacturers using robotic equipment. In 2018, 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 2018.
A) $350,000
B) $485,000
C) $430,000
D) $970,000
Correct Answer:
Verified
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