! 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 the current year, an asset account for the company showed the following balances: Manufacturing equipment Accumulated depreciation through the end of last year $ 153,800 60,800 During the current year, the following expenditures were incurred for the equipment: Major overhaul of the equipment on January 2 the current year that improved efficiency Routine repairs on the equipment $ 14,000 700 The equipment is being depreciated on a straight-line basis over an estimated life of 18 years with a $17,000 estimated residual value. The annual accounting period ends on December 31. 2. Starting at the beginning of the current year, what is the remaining estimated life? Remaining life years