Which of the following is the correct sequence of steps to recalculate depreciation expense after a change in estimate?

• A. Calculate remaining depreciable value, adjust annual depreciation, determine accumulated depreciation.
• B. Determine accumulated depreciation, adjust annual depreciation, calculate remaining depreciable value.
• C. Determine accumulated depreciation, calculate remaining depreciable value, adjust annual depreciation.
• D. Adjust annual depreciation, determine accumulated depreciation, calculate remaining depreciable value.

Answer: (C)