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An anset was purchased for $318000. It had an estimated salvage value of $78000 and an estimated useful life of 10 years. After 5 Years

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An anset was purchased for $318000. It had an estimated salvage value of $78000 and an estimated useful life of 10 years. After 5 Years of use, the estimated salvage valque is revised to $62000 but the estimated useful life is unchanged. Assuming straight-kne depreciation, depreciation expense in Year 6 would be $25600. $27200 $19800. $39600

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