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Oriole plc purchased a computer for 9,440 on January 1, 2021. Straight-line depreciation is used, based on a 5-year life and a 1,180 residual value.

Oriole plc purchased a computer for 9,440 on January 1, 2021. Straight-line depreciation is used, based on a 5-year life and a 1,180 residual value. In 2023, the estimates are revised. Oriole now feels the computer will be used until December 31, 2024, when it can be sold for 590. Compute the 2023 depreciation.
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Oriole plc purchased a computer for 9.440 on January 1,2021 . Straight-line depreciation is used, based on a 5 -year life and a E1,180 residual value. In 2023 , the estimates are revised. Oriole now feels the computer will be used until December 31.2024 , when it can be sold for 5590. Compute the 2023 depreciation

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