The peridot company purchased machinery on january 2, 2016, for $1,000,000. a five-year life was estimated and no residual value was anticipated. peridot decided to use the straight-line depreciation method and recorded $200,000 in depreciation in 2016 and 2017. early in 2018, the company revised the total estimated life of the machinery to eight years. required: 1. what type of change is this
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The peridot company purchased machinery on january 2, 2016, for $1,000,000. a five-year life was est...
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