Current Attempt in Progress Equipment was purchased at the beginning of 2019 for $780000. At the time of its purchase, the equipment was estimated to have a useful life of 6 years and a salvage value of $93000. The equipment was depreciated using the straight-line method of depreciation through 2021. At the beginning of 2022, the estimate of useful life was revised to a total life of 8 years and the expected salvage value was changed to $59000. The amount to be recorded for depreciation for 2022, reflecting these changes in estimates, is O $75500 O $87300 O $49071 O $90125 Attempts: 0 of 1 used Submit Answer Save for Later