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A machine originally had an estimated useful life of 5 years, but after 3 years it was decided that the original estimate of useful life should have been 10 years

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A machine originally had an estimated useful life of 5 years, but after 3 years it was decided that the original estimate of useful life should have been 10 years. At the point the remaining cost to be depreciated should be allocated over the remaining:

    1. 2 years
    2. 5 years
    3. 7 years
    4. 8 years
    5. 10 years

 

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