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Whispering Winds Corp. purchased a piece of equipment for $ 7 0 , 1 0 0 . It estimated a 8 - year life and

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Whispering Winds Corp. purchased a piece of equipment for $70,100. It estimated a 8-year life and a $2,900 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 $4,300.
Compute the revised depreciation assuming Whispering Winds uses the straight-line method.
Revised annual depreciation
$
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