On January 1, 2020, the Windsor SA ledger shows Equipment 30,000 and Accumulated Depreciation-Equipment 10,300. The depreciation resulted from using the straight-line method with a useful life of 10 years and residual value of 2,300. On this date, the company concludes that the equipment has a remaining useful life of only 5 years with the same residual value Compute the revised annual depreciation Revised annual depreciation