Brief Exercise 10-8 Your answer is incorrect. Try again. on January the Morgantown Company ledger shows Equipment and Accumulated Depreciation-Equipment s10,900. The depreciation resulted from using the straight-line method with a useful life of 12 years and value of $3.200. On this date, company des that the equipment remaining has a useful life of only 5 years with the same salvage value. Compute the revised annual depreciation. Revised annual depreciation LINK TO TEXT