An asset was purchased for $100,000.00 on January 1, Year 1 and originally estimated to have a useful life of 12 years with a residual value of $11,000.00. At the beginning of the third year, it was determined that the remaining useful life of the asset was only 4 years with a residual value of $2,800.00. Calculate the third-year depreciation expense using the revised amounts and straight line method. Select the correct answer. O$19,591.67 O$21,091.67 $21,591.67 $20,591.67