Required information Skip to question [The following information applies to the questions displayed below.] Hulme Company operates a small manufacturing facility as a supplement to its regular service activities. At the beginning of 2020, an asset account for the company showed the following balances: Manufacturing equipment $ 150,100 Accumulated depreciation through 2019 48,300 During 2020, the following expenditures were incurred for the equipment: Major overhaul of the equipment on January 2, 2020, that improved efficiency $ 18,000 Routine maintenance and repairs on the equipment 1,300 The equipment is being depreciated on a straight-line basis over an estimated life of 19 years with a $19,000 estimated residual value. The annual accounting period ends on December 31.

! Required information (The following information applies to the questions displayed below.) Hulme Company operates a small manufacturing facility as a supplement to its regular service activities. At the beginning of 2020, an asset account for the company showed the following balances: Manufacturing equipment Accumulated depreciation through 2019 $ 150, 100 48,300 During 2020, the following expenditures were incurred for the equipment: Major overhaul of the equipment on January 2, 2020, that improved efficiency Routine maintenance and repairs on the equipment $ 18,000 1,300 The equipment is being depreciated on a straight-line basis over an estimated life of 19 years with a $19,000 estimated residual value. The annual accounting period ends on December 31. 2. Starting at the beginning of 2020, what is the remaining estimated life? Remaining life years