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Equipment costing $ 34000 with a salvage value of $ 18000 and an estimated life of 8 years has been depreciated using the straight- line

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Equipment costing $ 34000 with a salvage value of $ 18000 and an estimated life of 8 years has been depreciated using the straight- line method for 2 years. Assuming a revised estimated total life of 5 years and no change in the salvage value, the depreciation expense for Year 3 would be O $5200 O $ 4000 O $ 5333 O $3200

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