Revised annual depreciation, accounting homework help

On January 1, 2010, the Thompson Beer Corporation purchased equipment at a cost of $140,000.

It was expected to have a useful life of eight years and no salvage value. The straight-line depreciation method was used. In January 2012, the estimate of salvage value was revised for

How much depreciation should Thompson Beer Corporation record for 2012?


Divided by



Revised annual depreciation