Question: During 2012, the company changed from the double-declining-balance method for its building to the straight-line method. The building originally cost $625000. It had a useful

During 2012, the company changed from the double-declining-balance method for its building to the straight-line method. The building originally cost $625000.

It had a useful life of 10 years and a salvage value of $50000. The following computations present depreciation on both bases for 2010 and2011.

During 2012, the company changed from the double-declining-balan

2010 S 57,500 S 115.000 2011 S 57,500 Straight-line Declining-balance S92,000

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