Method of calculating depreciation

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Meadowlands, a for-profit skilled nursing facility,pays taxes at a rate of 40 percent. Assume Meadowlands recorded depreciation expense of $100,000 for the year that ended on December 31, 2012. If Meadowlands changed its method of calculating depreciation such that depreciation expense doubled for the year that ended on December 31, 2012, which of the following statementsis(are) most correct?

Reference no: EM13982419

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