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Disposal and Revised Depreciation On January 1, 2016, GEO Company purchased a delivery cart for AED 34,625 cash plus AED 1,075 for sales tax, the

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Disposal and Revised Depreciation On January 1, 2016, GEO Company purchased a delivery cart for AED 34,625 cash plus AED 1,075 for sales tax, the estimated life is five years and salvage value is AED 3,200. On December 31, GEO recorded annual straight-line depreciation for AED 6,500 on the delivery cart. In 2017, GEO Company obtained new information. The delivery cart's estimated useful life was changed from five to four years, and the estimated salvage value was increased to AED 3,700. Required: Calculate revised depreciation amounts due to changes in estimates

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