Flounder Corp purchased a piece of equipment for $40,000. It estimated a 8-year life and $1.600 salvage value. At the end of year before the depreciation adjustment) it estimated the new total life to be 10 years and the new salvape value to be 83.200. Compute the revned depreciation Company uses straight-line depreciation method. (Round answer to decimal places, es 125) Revied depreciation $