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Sunland Corporation purchased a depreciable asset for $842700 on January 1, 2023. The estimated salvage value is $84000 and the estimated total useful life is
Sunland Corporation purchased a depreciable asset for $842700 on January 1, 2023. The estimated salvage value is $84000 and the estimated total useful life is 9 years. The straight-line method is used for depreciation. In 2026, Sunland changed its estimates to a total useful life of 5 years with a salvage value of $134000. What is 2026 depreciation expense? $227900$140450$252900$84300
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