Assumption: ABC Company purchased an equipment for $36,000. It estimated a 6-years useful life and a salvage value of $6,000 The company used the Straight-Line Method. At the end of the third (3rd) year, the company estimated a new total life to be 10 -years. Also, estimated a new salvage value to be $2,000. Actions to take: 1. Compute the original depreciable cost, depreciation expense and accumulated depreciation. 2. Compute the new revised depreciable cost, depreciation expense and accumulated depreciation. New Salvage = nuevo valor residual Estimated = estimado