15% ooo Verizon 3:41 PM Ch 9B Homework e Kimmel, Financial Accounting, 8e Do It! Review 9-2b Monty Corp. purchased a piece of equipment for $52,200. It estimated a 7-year life and $2,000 salvage value. At the end of year 3 (before the depreciation adjustment), it estimated the new total life to be 9 years and the new salvage value to be $4,100. Compute the revised depreciation. Company uses straight-line depreciation method. (Round answer to o decimal places, e.g. 125.) Question Attempts by John wary Sons, Inc