13 aved JK Builders Co purchases a new excavator costing 40,000. Its expected useful life is 10 years, at which point it is anticipated that the excavator will have a residual value of 6,000. out of If the reducing-balance method of depreciation is used, applying an annual depreciation rate of 15 per cent, what is the annual depreciation charge in Year 2? Select one: O a. 3,400 O b. 4,335 O c. 5,100 O d. 6,000 Clear my choice