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Carla Vista Company purchased a hot tub for $9,000 on January 1, 2016. Straight-line depreciation is used, based on a 6-year life and a $1,440

Carla Vista Company purchased a hot tub for $9,000 on January 1, 2016. Straight-line depreciation is used, based on a 6-year life and a $1,440 salvage value. In 2018, the estimates are revised. Carla Vista now feels the hot tub will be used until December 31, 2020, when it can be sold for $675.
Compute the 2018 depreciation.

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