Do It! Review 9-02b x Your answer is incorrect. Try again Pina Colada Corp. purchased a piece of equipment for $54,000. It estimated a 8-year life and $2,160 salvage value. At the end of year * (before the depreciation adjustment), it estimated the new total life to be 10 years and the new salvage value to be 54,320 Compute the revised depreciation Company uses straight-line depreciation method (Round answer to o decimal places, .9. 125.) Revised depreciation