Question: On January 1 , 2 0 2 2 , Buffalo Company purchased a building and equipment that have the following useful lives, salvage values, and

On January 1,2022, Buffalo Company purchased a building and equipment that have the following useful lives, salvage values, and costs.
Building, 40-year estimated useful life, $49,200 salvage value, $828,000 cost
Equipment, 12-year estimated useful life, $11,200 salvage value, $99,400 cost
The building has been depreciated under the double-declining-balance method through 2025. In 2026, the company decided to switch to the straight-line method of depreciation. Buffalo also decided to change the total useful life of the equipment to 9 years, with a salvage value of $5,200 at the end of that time. The equipment is depreciated using the straight-line method.
Compute depreciation expense on the equipment for 2026.(Round answer to 0 decimal places, e.g.125.)!!!

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