3. A Ltd. bought equipment for $200,000 on January 1, 2018. A Ltd. estimated the useful life to be 5 years with no salvage value, and the straight-line method of depreciation will be used. On lanuary 1 , 2019, A Ltd. decides that the business will use the equipment for a total of 9 years. What is the revised ( 2 marks) depreciation expense for 2019 ? Select one: a. $30,000. 160.00020000 b. $25,050. c. $20,500