Use the Following Information for Questions 47 and 48

Multiple Choice

Use the following information for questions 47 and 48.
On January 1, 2012, Nobel Corporation acquired machinery at a cost of $1,200,000. 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 2015, a decision was made to change to the double-declining balance method of depreciation for this machine.
-Assuming a 30% tax rate, the cumulative effect of this accounting change on beginning retained earnings, is

A) $134,400.
B) $0.
C) $157,920.
D) $225,600.