Do It Review 9-25 Bridgeport Corp. purchased a piece of equipment for $52,400. It estimated a 8-year life and $3,000 salvage value. At the end of year 4 (before the depreciation adjustment). estimated the new total life to be 10 years and the new salvage value to be $5,300. Compute the revised depreciation. Company uses straight-line depreciation method. (Round answer to decimal places, e.g. 125.) Revised depreciation