A plant asset was purchased on January 1 for $46300 with an estimated salvage value of $10000 at the end of its useful life. The current year's depreciation expense is $3300 calculated on the straight-line basis and the balance of the Accumulated Depreciation account at the end of the year is $16500. The remaining useful life of the plant asset is

6 years.

14 years.

11 years.

5 years.