Herman Apparel has purchased equipment on January 1, 2018, for $627000, in 2018-2020, Herman depreciated the asset on a straight line basis with an estimated useful life of eight years and an $95.000 residual value. In 2021, Herman has started to change its business strategy and now believes that the equipment will be used for only another two years (ve years total) but does not bolleve the residual value has changed. What depreciation would Herman record for the year 2021 on this equipment? Multiple Choice $106.400 $131100 $187625 $106.250