Brame's Pretzel Factory bought equipment for $60,000 on January 1, 2019. Brame estimated the useful life to be 3 years with no salvage value, and the straight-line method of depreciation will be used. On January 1, 2020, Brame decides that the business will use the equipment for a total of 5 years (remaining life of 4 years). What is Brame's depreciation expense for 2020? $20.000 $15.000 $10,000 $5.000 $8.000