Question: Question 5 View Policies Current Attempt in Progress On January 1, 2019, Crane Corporation acquired equipment at a cost of $831000. Crane adopted the sum-of-the-years'

 Question 5 View Policies Current Attempt in Progress On January 1,

Question 5 View Policies Current Attempt in Progress On January 1, 2019, Crane Corporation acquired equipment at a cost of $831000. Crane adopted the sum-of-the-years' digits method of depreciation for this equipment and had been recording depreciation over an estimated life of 8 years, with no residual value. At the beginning of 2022, a decision was made to change to the straight-line method of depreciation for this equipment. The depreciation expense for 2022 would be $166200 $69250. $103875 $43281. Save for Later

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