Brief Exercise 9-8 Your answer is incorrect. Try again. On January 1, 2019, the Marigold Corp. ledger shows Equipment $41,000 and Accumulated Depreciation-Equipment $9,300. The depreciation resulted from using the straight-line method with a useful life of 12 years and salvage value of $3,500. On this date, the company concludes that the equipment has a remaining useful life of only 4 years with the same salvage value. Compute the revised annual depreciation Revised annual depreciation 9375