Question: For financial reporting. Summer, Inc. has used the declining - balance method of depreciation for equipment acquired at the beginning of 2 0 1 8

For financial reporting. Summer, Inc. has used the declining-balance method of depreciation for equipment acquired at the beginning of 2018 for $18 million. At the beginning of 2021. Summer decides to change to the straight-line method. Will Summer apply the straight-line method retrospectively or prospectively?
No adjustment is needed for a change in depreciation method.
None of the options listed.
Prospectively
Retrospectively
For financial reporting. Summer, Inc. has used

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