Lincoln Trojan Company uses the straight-line depreciation method. They have an asset that cost $40,000 in Year 1 with a residual value of $4,000 with a useful life of 8 years. After depreciating the asset for 5 years, at the beginning of Year 6, they determined that the total estimated useful life is 14 years. The estimated residual value remained at $4,000. How much depreciation expense will be recognized in Year 6? Round to the nearest dollar. $2,571 $1,500 $964 O $4,000