C i Ch 08 Quz Help Save&Exit Su MC Qu. 80 Peavey 6 Peavey Enmerprises purchased a depreciable asset for $22000 on April 1, Year 1 The asset wil be depreciated using the straighc-ane method over its four year useful life. Assuming the assets salvage value is $2.000 Peavey Enterprises should recognize deprecianon expense in Year 2 in the amount of Mutiple Choice $0000 $5,000