Use the Following Information for Questions 47 and 48

question 68

Multiple Choice

Use the following information for questions 47 and 48.
On January 1, 2012, Nobel Corporation acquired machinery at a cost of $1,200,000. Nobel adopted the straight-line method of depreciation for this machine and had been recording depreciation over an estimated life of ten years, with no residual value. At the beginning of 2015, a decision was made to change to the double-declining balance method of depreciation for this machine.
-The amount that Nobel should record as depreciation expense for 2015 is

• A) $120,000.
• B) $168,000.
• C) $240,000.
• D) none of these are correct.