Snimak Inc. bought equipment for $450,000 on January 1, 2020. Snimak estimated the useful life to be 3 years with no salvage value, and the straight-line method of depreciation will be used. On January 1, 2021, Snimak decides that the business will use the equipment for a total of 5 years. What is the revised depreciation expense for 2021? $75,000 $112,500 $150,000 $ 60,000