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Business, 05.11.2020 19:00 lewislatavia043

When originally purchased, a vehicle costing $25,740 had an estimated useful life of 8 years and an estimated salvage value of $3,100. After 4 years of straight-line depreciation, the asset's total estimated useful life was revised from 8 years to 6 years and there was no change in the estimated salvage value. The depreciation expense in year 5 equals: a. $5,828.00
b. $11,320.00
c. $5,660.00
d. $2.99800

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