On January 1, 2013, Santo Company purchased a computer system for $30,500. The system had an estimated useful life of 5 years and no salvage value. At January 1, 2018, the company revised the remaining useful life to two years. What amount of depreciation will be recorded for 2018 and 2019?

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The Answer of On January 1, 2013, Santo Company purchased a computer system for $30,500. The system had an estimated useful life of 5 years and no salvage value. At January 1, 2018, the company revised the remaining useful life to two years. What amount of depreciation will be recorded for 2018 and 2019?

On January 1, 2013, Santo Company Purchased a Computer System