Exercise $8-15$A $($Algo$)$ Revision of estimated useful life LO $8-7$

On January $1,$ Year $1,$ Poultry Processing Company purchased a freezer and related installation equipment for $$71,100.$ The equipment had a three$-$year estimated life with a $$5,100$ salvage value. Straight$-$line depreciation was used. At the beginning of Year $3,$ Poultry Processing revised the expected life of the asset to four years rather than three years. The salvage value was revised to $$4,100.$

Required

Compute the depreciation expense for each of the four years, Year $1$Year $4.$