On January 1, 2010, Nobel Corporation acquired machinery at a cost of $800,000. Nobel adopted

On January 1, 2010, Nobel Corporation acquired machinery at a cost of $800,000. Nobel adopted the straight-line method of depreciation for this machine and had been recording depreciation over an estimated life of ten years, with no residual value. At the beginning of 2013, a decision was made to change to the double-declining balance method of depreciation for this machine.

The amount that Nobel should record as depreciation expense for 2013 is

Question 2 options:

	a)	$80,000.
	b)	$112,000.
	c)	$160,000.
	d)	none of the above.

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