Red Pine Printers purchased equipment on January 1, 2013, for $250,000. The estimated residual value is $25,000

Question:

Red Pine Printers purchased equipment on January 1, 2013, for $250,000. The estimated residual value is $25,000 and the estimated useful life is 15 years. Red Pine Printers uses the straight-line method for amortization of its equipment. On January 1, 2016, Red Pine Printers revised the useful life to be nine more years rather than 12. How much amortization would be recorded on December 31, 2016?