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On July 1. 2022, Sandhill Co. purchased new equipment for $78.400. Its estimated useful life was 7 years with a $9.800 salvage value On January

On July 1. 2022, Sandhill Co. purchased new equipment for $78.400. Its estimated useful life was 7 years with a $9.800 salvage value On January 1. 2025, the company estimated that the equipment's remaining useful life was 10 years, with a revised salvage value of $4,900.

compute the revised annual depreciation on December 31,2025

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