Nanki Corporation purchased equipment on January 1, 2019, for $657,000. In 2019 and 2020, Nanki depreciated the asset on a straight-line basis with an estimated useful life of eight years and a $21,000 residual value. In 2021, due to changes in technology, Nanki revised the useful life to a total four years with no residual value. What depreciation would Nanki record for the year 2021 on this equipment? (Pound your answer to the nearest dollar amount.) Multiple Choice $109,500 $106.000 $249.000 None of these answer choices are correct Canliss Mining uses the replacement method to determine depreciation on its office equipment. During 2019, its first year of operations, office equipment was purchased at a cost of $32,000. Useful life of the equipment averages four years and no salvage value is anticipated. In 2021, equipment costing $6,200 was sold for $800 and replaced with new equipment costing $6,600. Canliss would record 2021 depreciation of Multiple Choice $3,500 $5,400 $5.800. None of these answer cholces are correct