Revision of Depreciation Equipment with a cost of $627,200 has an estimated residual value of $62,200, has an estimated useful life of 25 years, and is depreciated by the straight-line method. a. Determine the amount of the annual depreciation. b. Determine the book value after 12 full years of use. c. Assuming that at the start of the year 13 the remaining life is estimated to be 19 years and the residual value is estimated to be $67,200, determine the depreciation expense for each of the remaining 19 years