Help Seve&E Peavey Enterprises purchased a deprecable asset for $25,000 on April 1, Year 1. The asset will be depreciated using the straight-line method over its four-year useful life. Assuming the asset's salvage value is $2.500, Peavey Enterprises should recognize depreciation expense in Year 2 in the amount of Choc O 500000 O $2240000 01 " Flex 15