Stiller Company owns a machine that was bought on January 2, 2011, for $376,000 . The machine was estimated to have a useful life of five years and a salvage value of $24,000 . Stiller uses the sum-of-the-years'-digits method of depreciation. At the beginning of 2014, Stiller determined that the useful life of the machine should have been four years and the salvage value $35,200 . For the year
2014, Stiller should record depreciation expense on this machine of
a. $19,200.
b. $44,400.
c. $59,200.
d. $70,400.
C
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