Chevenne Corp. purchased a piece of equipment for $38,000. It estimated a 8 -year life and $1.520 salvage value. At the end of year 4 (before the depredation adjustment), it estimated the new total life to be 10 years and the new salvage value to be $3.040. Compute the revised depreciation. Company uses straight-line depreciation method. (Round answer fo O decimal places, es. 125 ) Revised depreciation