red wer Question 5 0/0.5 pts On January 1, 2024, the Esquire Corporation purchased equipment at a cost of $165,000. The equipment was expected to have a service life of 10 years and a $15,000 residual value. The straight-line depreciation method was used. At the beginning of 2026 the estimate of residual value was revised from $15,000 to zero. Depreciation for 2026 should be: $13,500 $16,875 $16,500 $15,000