Question 39 2 pts CC Inc. purchased manufacturing machinery for $15,500 on January 1, 2020. CC Inc, estimated the machinery to have a useful life of 10 years and a salvage value of $5,000. CC Inc. uses the straight- line method to depreciate the machinery, On January 1, 2023, CC Inc determines that the machinery is expected to have a useful life of 8 years rather than 10 years, and the salvage value is revised from $5,000 to $3,000. What new amount of depreciation expense will cc Inc, record for 2023? O $1,168.75 O $2,500 $1,870 O $1,470 O $1,437.5