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Bramble Company purchased a machine on January 1,2019 , for $58000 with an estimated salvage...

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Accounting

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Bramble Company purchased a machine on January 1,2019 , for $58000 with an estimated salvage value of $18000 and an estimated useful life of 8 years. On January 1, 2021, Bramble decides the machine will last 12 years from the date of purchase. The salvage value is still estimated at $18000. Using the straight-line method, the new annual depreciation will be $4000.$3000.$3333.$4833

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