When a change in estimate is required,the company changes depreciation in prior,current and future years.When a change in estimate is required,the company changes depreciation in current and future years,but not in prior periods.

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When a change in estimate is required, the company adjusts depreciation in prior, current, and future years to reflect the new estimate. This is in accordance with the accounting principle of retrospective adjustment, which requires that the effects of a change in estimate be reflected in prior periods.

When a Change in Estimate Is Required,the Company Changes Depreciation