Do It! Review 9-2b x Your answer is incorrect. Try again. Indigo Corporation purchased a piece of equipment for $59,700. It estimated a 7-year life and $3,300 salvage value. At the end of year 3 (before the depreciation adjustment), it estimated the new total life to be 9 years and the new salvage value to be $5,100. Compute the revised depreciation. Company uses straight-line depreciation method. (Round answer to o decimal places, e.g. 125.) Revised depreciation Revised depreciation C 5 071 5071