Roosters Co. – depreciation with change in estimate – 

On January 1, 2012, Roosters Co. purchases equipment for$30,000 and estimates a useful life of eight years and a salvage value of $2,000. On January 1, fromeight years to five years. Roosters uses the straight-line method ofdepreciation. ,A. CALCULATE depreciation expense for 2012, 2013, and 2014. ,B. RECALCULATE 2014 depreciation expense assuming the ROOSTERSleaves the useful life at eight years but reduces salvage value to 0$.