Question 1 of 40 - 15 View Policies Current Attempt in Progress Sandhill Company purchased equipment on January 1, 2020 for 32000 with an estimated residual value le of 9000 and estimated useful life of 8 years. On January 1, 2022 Sandhill decided the equipment will last 12 years from the date of purchase. The residual value is still estimated at 9000. Using the straight-line method the new annual depreciation will be 2483 1725 1900, 2300 M Save for Later Attempts: 0 of 1 used Submit