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Equipment costing $90000 with a salvage value of $9000 and an estimated life of 8 years has been depreciated using the straight-line method for 2

image text in transcribed Equipment costing $90000 with a salvage value of $9000 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 $12150. $27000. O $16200. O $20250

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