An asset was purchased for $129,000.00 on January 1, Year 1 and originally estimated to have a useful life of 11 years with a residual value of $8,000.00. 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 $2,200.00. Calculate the third-year depreciation expense using the revised amounts and straight line method Select the correct answer. $26,700.00 526,200.00 $25.200.00 $27.200.00