Nanki Corporation purchased equipment on January 1, 2014, for $646,000. In 2014 and 2015, Nanki depreciated the asset on a straight-line basis with an estimated useful life of eight years and a $6,000 residual value In 2016, due to changes in technology, Nanki revised the useful life to a total of 4 years with no residual value. What depreciation would Nanki record for the year 2016 on this equipment? (Round your answer to the nearest dollar amount.) Multiple Choice $106,034 $243,000. None of these answer choices are correct. $106,667 Prei