a $4,000 b. $5,333 C. d. $6,UUU $7,333 17. Winwood Construction purchased a crane on January 1, 2013, for $102,750. At the time of purchase, the crane was estimated to have a life of six years and a residual value of $6,750. In 2015, Winwood determined that the crane had a total useful life of seven years and a residual value of $4,500. If Winwood uses the a. $16,000 b $13,250 straight-line method of depreciation, what will be the depreciation expense for the crane in 2015? c. $9,464 d. $8,000