Score: 0 of 10 pts 10f 6,0 complete Hw Score: 0%, 0 of 50 pts S9-6 (similar to) EQuestion Help Assume that Alpha Communications paid $135,000 for equipment with a 15-year life and zero expected residual value. After using the equipment for six years, the company determines that the asset will remain useful for only five more years Read the requirements Requirement 1. Record depreciation expense on the equipment for year 7 by the straight-line method First, select the formula to calculate the company's revised depreciation expense on the equipment for year 7. Then enter the amounts and calculate the depreciation for year 7. (Enter O for items with a zero value.) Revised Accumulated depreciation Book value Cost Depreciatiorn Net book value Residual value Revised useful ife remaining Useful life Requirements 1. Record depreciation expense on the equipment for year 7 by the straight-line method 2. What is accumulated depreciation at the end of year 7? Print Done