Cardinals Company purchased a machine on January 1, 2011 for a cost of $440,000, estimated the salvage value to be $40,000, and useful life to be 10 years. At the beginning of 2017, the company spent $96,000 to overhaul the machine, which is estimated to extend the useful life of the machine by 4 years, and change the salvage value to $20,000. The revised depreciation expense for 2017 should be?