On July 1,2019, Sheridan Company porchased new equiproent for 575,000 . itr eatimated useful hife was 5 years with a 510,000 salvage value. On December 31, 2022, the company estimated that the equipment's remaining useful hife was 10 years, with atovard. salvage value of 55,000. (24) - Vear answer la partially correct Acwunt Titfes and fxplanation e Textbookand Media AsustanceUved efecthook Lht of Accounts