Coronado Industries purchased a depreciable asset for $842100 on January 1, 2018. The estimated salvage value is $87000,

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answerhappygod
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Coronado Industries purchased a depreciable asset for $842100 on January 1, 2018. The estimated salvage value is $87000,

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Coronado Industries purchased a depreciable asset for $842100 on January 1, 2018. The estimated salvage value is $87000, and the estimated total useful life is 9 years. The straight-line method is used for depreciation. In 2021, Coronado changed its estimates to a total useful life of 5 years with a salvage value of $148000. What is 2021 depreciation expense?
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