Incorrect Depreciation and Adjustment Amount after Amortized Back dated Depn Rate Adjustment

Hello Everyone,

We have recently changed the depreciation methods of most of the assets in our system. We are using a flat rate depreciation method and we have changed the rate of depreciation.

We have reconciled the new depreciation figures and all asset's new depreciation figures are matching except three assets. I am not sure how these figures have come up.

Request you help us understand how the new depreciation figures are calculated for these 3 assets. I have attached the Asset Traces for the concerned assets.

Thanks,

Shankar