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On January 1, 2020, Kaldex Company purchased for $35.320 equipment With II USLI estimated residual value at the end of its life of $4.200. Early

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On January 1, 2020, Kaldex Company purchased for $35.320 equipment With II USLI estimated residual value at the end of its life of $4.200. Early in January 2023, it was determined that the total estimated useful life on the equipment should be 10 years with a revised estimated residual value of $1.570. Kaldes uses the straight-line method to calculate depreciation and its year-end is December 31. Calculate revised depreciation for 2023. On January 1, 2020, Kaldex Company purchased for $35.320 equipment With II USLI estimated residual value at the end of its life of $4.200. Early in January 2023, it was determined that the total estimated useful life on the equipment should be 10 years with a revised estimated residual value of $1.570. Kaldes uses the straight-line method to calculate depreciation and its year-end is December 31. Calculate revised depreciation for 2023

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