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What is the depreciation expense for year ended december

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Reference no: EM132895978

Question 1: On August 31, 2019, CAMELLIA Company purchased a new machinery for 540,000. The machinery has an estimated useful life of 5 years and depreciation is computed using the SYD method. Estimated salvage value of the machine is 60,000. If CAMELLIA decides to change its depreciation method to straight-line at the start of 2021, what is the depreciation expense for the year ended December 31, 2021?

Reference no: EM132895978

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