Equipment was purchased at the beginning of 2019 for $790000. At the time of its purchase, the equipment was estimated to have a useful life of 6 years and a salvage value of $94000. The equipment was depreciated using the straight-line method of depreciation through 2021. At the beginning of 2022, the estimate of useful life was revised to a total life of 8 years and the expected salvage value was changed to $59500. The amount to be recorded for depreciation for 2022, reflecting these changes in estimates, is

$76500.

$49714.

$88400.

$91313.