Concord Company purchased a computer for $8,400 on January 1, 2019. Straight-line depreciation is used based on a 5-year life and a $1,050 salvage value. On January 1, 2021, the estimates are revised. Concord now feels the computer will be used until December 31, 2022, when it can be sold for $525. Compute the 2021 depreciation. (Round answer to decimal places, eg. 45,892.) Depreciation expense, 2021 $ e Textbook and Media Save for Later Attempts:0 of 3 used Submit