CALOR NEXT Practice Da Te Review 01 Marigold Corp. purchased a piece of equipment for $85,500. It estimated an 8-year life and a $2,100 Salvage value. At the end of year four (before the depreciation adjustment), estimated the new total life to be 10 years and the new salvage value to be $34,825. Compute the revised annual depreciation (Round answer to decimal places, .- 5,275.) Revised annual depreciation $