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Whispering Winds Corp. purchased a piece of equipment for $ 70,100. It estimated an 8-year life and a $ 2,900 salvage value. At the end
Whispering Winds Corp. purchased a piece of equipment for $ 70,100. It estimated an 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 $ 8,500. Compute the revised depreciation. (Round answer to 0 decimal places, e.g. 5,275.)
Revised annual depreciation $____________ |
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