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What depreciation would murgatroyd record for the year

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Question - Murgatroyd Co. purchased equipment on January 1, 2019, for $800,000, estimating a five-year useful life and $100,000 residual value. In 2019 and 2020, Murgatroyd depreciated the asset using the double-declining-balance method. In 2021, Murgatroyd changed to straight-line depreciation for this equipment. What depreciation would Murgatroyd record for the year 2021 on this equipment?

a. $180,000.

b. $102,000.

c. $62,667.

d. $95,333.

Reference no: EM132532349

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