equioment with a cost of $841,700 has annestimated residual value of $90,000, has an estimated useful life of 45 years, and is depreciated by the straight line method

Revision of Depreciation Equipment with a cost of $841,700 has an estimated residual value of $90,200, has an estimated useful life of 45 years, and is depreciated by the straight line method. a. Determine the amount of the annual depreciation $ 16,700 b. Determine the book value after 23 full years of use. 90,200 X $ c. Assuming that at the start of the year 24 the remaining life is estimated to be 27 years and the residual value is estimated to be $79,600, determine the depreciation expense for each of the remaining 27 years