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Nanki Corporation purchased equipment on January 1, 2016, for $610,000. In 2016 and 2017, Nanki depreciated the asset on a straight-line basis with an estimated

Nanki Corporation purchased equipment on January 1, 2016, for $610,000. In 2016 and 2017, Nanki depreciated the asset on a straight-line basis with an estimated useful life of eight years and a $6,000 residual value. In 2018, due to changes in technology, Nanki revised the useful life to a total of 5 years with no residual value. What depreciation would Nanki record for the year 2018 on this equipment? (Round your answer to the nearest dollar amount.)

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None of these answer choices are correct.

$100,667.

$102,154.

$153,000.

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