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Irrent Attempt in Progress Flounder Corp. purchased a piece of equipment for $ 5 2 , 5 0 0 . It estimated an 8 -

Irrent Attempt in Progress
Flounder Corp. purchased a piece of equipment for $52,500. It estimated an 8-year life and $2,100 salvage value. At the end of year 4(before the depreciation adjustment), it estimated the new total life to be 10 years and the new salvage value to be $4,200.
Compute the revised depreciation. (Round answer to 0 decimal places, e g.125.)
Revised depreciation
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