Question 12 Question 12 of 12 4 points. Save Answer Equipment costing $5,000, with no residual value, is estimated to have a useful life of 20 months. After 8 months of use, a capital improvement of $4,200 is performed on the Equipment, which will allow the Equipment to perform more functions with increased accuracy. The Equipment is now expected to last for another 24 months. The old monthly Depreciation expense was . The new monthly Depreciation expense is The cost in the Equipment account is now v. The Book Value of the Equipment is now A Click Submit to complete this assessment. 69F Partly cloudy Question 12 of 12 Save and Submit 11:14 PM 7/13/2022 insaint