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Waterway's Copy Shop bought equipment for $457800 on January 1, 2017. Waterway estimated the useful life to be 3 years with no salvage value, and

Waterway's Copy Shop bought equipment for $457800 on January 1, 2017. Waterway 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, 2018, Waterway decides that the business will use the equipment for a total of 5 years. What is the revised depreciation expense for 2018?

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