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How much would bellingham report as depreciation

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Question - Bellingham Corporation purchased equipment on January 1, 2018, for $200,000. The company estimated the equipment would have a useful life of 10 years with a $20,000 residual value. Bellingham uses the straight-line depreciation method. Early in 2020, Bellingham reassessed the equipment's condition and determined that it's total useful life would be only six years and that it would have no salvage value. How much would Bellingham report as depreciation on this equipment for 2020?

Reference no: EM133119114

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