Jaber Tailors purchased a sewing machine for $20,000 on April 1,2020 . The asset will be depreciated using the straight-line method over its 3 -year useful life. Assuming the asset's salvage value is $2,000, Jaber Tailors should recognize depreciation expense in 2021 in the amount of: $4,000 $4,500 $6,000 $6,667 Ali Company had purchased a machine that originally had an estimated useful life of 7 years, but after 3 complete years, it was decided that the original estimate of useful life should have been 9 years. At that point the remaining cost to be depreciated should be allocated over the remaining: 6 Years 2 Years 4 Years 9 Years