What the depreciation expense for 2011 would be


On January 1, 2008, Neal Corporation acquired equipment at a cost of $540,000. Neal adopted the sum-of-the-years'-digits method of depreciation for this equipment and had been recording depreciation over an estimated life of eight years, with no residual value. At the beginning of 2011, a decision was made to change to the straight-line method of depreciation for this equipment. what the depreciation expense for 2011 would be ?

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Accounting Basics: What the depreciation expense for 2011 would be
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