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Bridgeport Corp. purchased a piece of equipment for $36,000. It estimated a8-year life and $1,440salvage value. At the end of year4(before the depreciation adjustment), it
Bridgeport Corp. purchased a piece of equipment for $36,000. It estimated a8-year life and $1,440salvage value. At the end of year4(before the depreciation adjustment), it estimated the new total life to be10years and the new salvage value to be $2,880.
Compute the revised depreciation. Company uses straight-line depreciation method.(Round answer to 0 decimal places, e.g. 125.)
Revised depreciation
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