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Equipment with a cost of ( $ 807,500 ) has an estimated residual value of ( $ 80,000 ), has an estimated useful life of

image text in transcribed Equipment with a cost of \\( \\$ 807,500 \\) has an estimated residual value of \\( \\$ 80,000 \\), has an estimated useful life of 25 years, and is depreciated by the straight-line method. a. Determine the amount of the annual depreciation. \\( \\$ \\) b. Determine the book value at the end of the 11 full years of use. \\( \\$ \\) c. Assuming that at the start of the year 12 the remaining life is estimated to be 19 years and the residual value is estimated to be \\( \\$ 71,300 \\), determine the depreciation expense for each of the remaining 19 years

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