fletcher autoparts company aquired equipment on January $1,2023$ for $530,000.$ Estimated useful life of the equipment is seven years and the estimated salvage value is $12,000.$ On january $1,2027,$ after using the equipment for four years the total estimated useful life has been revised to nine years in total no change in salvage value. The company uses straightline method of deprection. What is tge net book value on December $31,2027$