Banger Co. purchased delivery equipment for $100,000 on January 1, Year 1. Banger estimated that the delivery equipment

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Banger Co. purchased delivery equipment for $100,000 on January1, Year 1. Banger estimated that the delivery equipment would havea life of five years and a $10,000 salvage value. Banger uses thestraight-line method to compute the depreciation expense. At thebeginning of year 4, Banger revised the useful life of the deliveryequipment to be a total of seven years. The estimated salvage valuewas not changed. Compute the depreciation expense for each of theseven years.