OPM Mon Nov 18 Chap 10 HMWK e Weygandt, Accounting Principles, Heel Stem Announcements Exercise 250 Your answer is incorrect. Try again. Equipment was acquired on January 1, 2018, at a cost of $90,000. The equipment was originally estimated to have a salvage value of $5,000 and an estimated life of 10 years. Depreciation has been recorded through December 31, 2021, using the straight-line method. On January 1, 2022, the estimated salvage value was revised to $6,000 and the useful life was revised to a total of 8 years. Determine the depreciation expense for 2022 5625 Depreciation expense for 2022 Show Work is REQUIRED for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by y instructor SUBMIT ANS Question Attempts: 4 of 5 usedSAVE FOR LATER You have surpassed the number of attempts to earn Maximum Points for this question. For this attempt, and any subsequent attempt(s), you will earn points according to the Point Potential policy set by your instructor