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Blossom Company bought equipment for $ 600000 on January 1, 2021. Blossom estimated the useful life to be 4 years with no salvage value, and

Blossom Company bought equipment for $600000 on January 1, 2021. Blossom estimated the useful life to be 4 years with no salvage value, and the straight-line method of depreciation will be used. On January 1, 2022, Blossom decides that the business will use the equipment for a total of 6 years. What is the revised depreciation expense for 2022?





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