Question

Johnson Printing Corp purchased a machine for $300,000 in January 2015 with no residual value. The machine was

depreciated over 10 year life using sum-of-the-years’ digits method. At the beginning 2018 it was decided to change to straight-line. The 2018 adjusting entry will include how much of depreciation expense?

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"