Do It! Review 9-2b

	Your answer is incorrect. Try again.

Sarasota Corp. purchased a piece of equipment for $60,900. It estimated a 8-year life and $2,500 salvage value. At the end of year 3 (before the depreciation adjustment), it estimated the new total life to be 10 years and the new salvage value to be $5,600. Compute the revised depreciation. Company uses straight-line depreciation method. (Round answer to 0 decimal places, e.g. 125.)

Revised depreciation

$enter the revised depreciation in dollars