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On January 1, 2007, a company purchased equipment for $80,000 with an estimated 6-year useful...

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Accounting

On January 1, 2007, a company purchased equipment for $80,000 with an estimated 6-year useful life and an estimated $8,000 salvage value. The company uses straight-line depreciation.

On January 1, 2010, the company changes the estimated total useful life of this equipment to 11 years. The salvage value is still $8,000. What is depreciation expense in 2010 2017?

What is depreciation expense in 2010 2017?-____________

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