Student Work Area Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to the Problem and work areas as indicated. Book value at date of change Formula: Subtract, Divide; Cell Referencing Using Excel to Compute Revised Depreciation PROBLEM On January 1, 2022, the Hermann Company general ledger shows the following information concerning its equipment Equipment $ 36,000 Accumulated Depreciation 13,600 The depreciation resulted from using the straight-line method with the following additional information Useful life 10 years Salvage value $ 2,000 On January 1, 2022, the company concludes that the remaining useful life changes to the following with the same salvage value Remaining useful life 2 years Compute the revised annual depreciation Depreciable cost Revised annual depreciation