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Blossom Company purchased a depreciable asset for $32000 on January 1,2020 . The estimated salvage value is $4100, and the estimated useful life is 4

image text in transcribed Blossom Company purchased a depreciable asset for $32000 on January 1,2020 . The estimated salvage value is $4100, and the estimated useful life is 4 years. The sum-of-the-years' digits method is used for depreciation. What is depreciation expense for the year 2022? $5580.$11160.$6975.$10053

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