Blossom Company bought equipment for $600000 on January 1, 2021. Blossom estimated the useful life to be 4 years with no salvage value, and the straight-line method of depreciation will be used. On January 1, 2022, Blossom decides that the business will use the equipment for a total of 6 years. What is the revised depreciation expense for 2022?

$120000.

$90000.

$150000.

$75000.

Answer rating: 100% (QA)

Depreciation expense for 2021 6000... View the full answer