An asset was purchased for $123,000 on January 1, Year 1 and onginally estimated to have a useful life of 10 years with a residual value of $11,000. At the beginning of the third year, it was determined that the remaining useful Me of the asset was only 4 years with a residual value of $1,800. Calculate the third-year depreciation expense using the revised amounts and straight-line method. Oa. $23,700.00 Ob. $24,700.00 Oc. $25.200.00 Od. $25.700.00