A B 1 Formula: Multiply, Divide, Subtract; Cell Referencing 2 3 Using Excel to Calculate a Change in Estimates for 4 Depreciation 5 PROBLEM D E F G 6 Chuckwalla Limited purchased a computer on January 1, 7 2023. Straight-line depreciation is used for the computer. In 8 2025, the estimates are revised and at that time, Chuckwalla 9 now expects the computer will be used until December 31, 10 2026 and has revised the salvage value. Additional 11 information concerning the computer follows. 12 13 Cost of computer $ 7,000 14 Original estimated salvage value 1,000 15 Original estimated useful life in years 5 16 Revised salvage value 500 17 18 19 20 21 22 23 24 Student Work Area H Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to the Problem and work area as indicated. Calculate the 2025 depreciation expense. Annual depreciation expense Carrying amount, January 1, 2025 Remaining useful life in years Depreciation expense, 2025 K