Exercise $7-14($Algo$)$ Determine depreciation expense for a change in depreciation estimate $($LO$7-4)$

The Donut Stop acquired equipment for $$12,000.$ The company uses straight$-$line depreciation and estimates a residual value of $$2,800$ and a four$-$year service life. At the end of the second year, the company estimates that the equipment will be useful for four additional years, for a total service life of six years rather than the original four. At the same time, the company also changed the estimated residual value to $$1,200$ from the original estimate of $$2,800.$

Required:

Calculate how much The Donut Stop should record each year for depreciation in years $3$ to $6.$

Annual depreciation in Years $3$ to $6$