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Compute what is x depreciation expense

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Problem 1: X Company switched from the sum-of-the-years-digits depreciation method to straight-line depreciation in 2021. The change affects machinery purchased at the beginning of 2019 at a cost of $72,000. The machinery has an estimated life of five years and an estimated residual value of $3,600. What is X's 2021 depreciation expense?

A) $13,680.
B) $10,320.
C) $15,840.
D) $19,200.

Reference no: EM132966798

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