On January 1, 2019, Santo Company purchased a computer system for $30,500.The system had an estimated useful life of five years and no salvage value.At January 1, 2021, the company revised the remaining useful life to two years.What amount of depreciation will be recorded for 2021 and 2022?

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The Answer of On January 1, 2019, Santo Company purchased a computer system for $30,500.The system had an estimated useful life of five years and no salvage value.At January 1, 2021, the company revised the remaining useful life to two years.What amount of depreciation will be recorded for 2021 and 2022?

On January 1, 2019, Santo Company Purchased a Computer System