53) Ivervcoast Inc. purchased a van on January 1, 2015, for $300,000. Estimated life of the van wasE years, and its estimated residual value 1was $90,000. Ivervcoast uses the straight-line method of depreciation. At the beginning of 201?, the corporation revised the total estimated life of the ass from 5 years to 6 years. The estimated residual value remained the same as estimated earlier. Calculate the depreciation expense for the year 201?. A} $106,500 B} $142,000 C} $145,000 D} $110,000