Continuing with Q6, after three years of use, the company realized the asset would be useful for 5 more years. (In other words, the total useful life of the asset will be 8 years instead of the original 6 years.) The company uses the straight-line method of depreciation. The Depreciation Expense for fourth year onwards will be - a. 3,000 b. 4,000 c. 5,000 d. 6,000