Splish Brothers Inc. purchased a piece of equipment for $74,400. It estimated an 8-year life and $3,200 salvage value. At the end of year four (before the depreciation adjustment), it estimated the new total life to be 10 years and the new salvage value to be $9,200. Compute the revised depreciation assuming Splish Brothers uses the straight-line method. Revised annual depreciation $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit