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A company used straight-line depreciation for an item of equipment that cost $14,350, had a salvage value of $2,800 and a six-year useful life. After
A company used straight-line depreciation for an item of equipment that cost $14,350, had a salvage value of $2,800 and a six-year useful life. After depreciating the asset for three complete years, the salvage value was reduced to $1,435 but its total useful life remained the same. Determine the amount of depreciation to be charged against the equipment during each of the remaining years of its useful life:
a. 2,380
b. 1155
c. 5238
d. 2520
e. 2800
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