Business, 29.07.2021 18:20 isiahb123

Kingbird, Inc. purchased a piece of equipment for $72,200. It estimated a 8-year life and a $3,400 salvage value. At the end of year four (before the depreciation adjustment), it estimated the new total life to be 10 years and the new salvage value to be $7,200. Compute the revised depreciation assuming Kingbird uses the straight-line method.

Revised annual depreciation
$enter the revised annual depreciation in dollars

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Kingbird, Inc. purchased a piece of equipment for $72,200. It estimated a 8-year life and a $3,400 s...

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