Question: On January 1 , 2 0 2 4 , Carla Vista Co . purchased a machine for $ 2 4 6 0 0 0 0

On January Carla Vista Co purchased a machine for $ and depreciated it by the straightline method using an
estimated useful life of years with no salvage value. On January Carla Vista determined that the machine had a useful
life of years from the date of acquisition and will have a salvage value of $ An accounting change was made in to
reflect these additional data. The accumulated depreciation for this machine should have a balance at December of
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