Claxton, Inc. the straight- line method of depreciation. At the a van on January 1, 2018, for S820,000. E stimated life of the van was five years, and its estimated residual value was $95,000. Claxton uses the cor At the beginning of 2020, the company revised the total estimated life of the asset from five years to four years. The al value remained the same as estimated earlier. Calculate the depreciation expense for 2020 O A. $265,000 B. $108,750 O C. $132,500 O D. $217.500