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Question 74

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Use the following information for questions.
On January 1, 2009, Nobel Corporation acquired machinery at a cost of $600,000.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 2012, 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 2012 is


A) $60,000.
B) $84,000.
C) $120,000.
D) none of the above.

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