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8) 20 pts. Due: Jan, 28. Saved Help Save & Exit S When originally purchased, a vehicle costing $23,000 had an estimated useful life

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8) 20 pts. Due: Jan, 28. Saved Help Save & Exit S When originally purchased, a vehicle costing $23,000 had an estimated useful life of 8 years and an estimated salvage value of $3,000. 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: Multiple Choice $5,000. $2.875 $5,750. $11.500. $2.500 Navt

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