Kingbird, lnc purchased a piece of equipment for $72,200. It estimated a B-year life ard a 57.800 salvige valiee. Af the end of year four (before the depreciation adjustment). it estimated the new total life to be 10 woar and the new salvage value tobe $7,200. Compute the revised depreciation assuming Kingbird uses the straight-line method. Revised annual depreciation Attempts: 0 of 1 used