Multiple Choice Question 127 Bramble Towing Company purchased a tow truck for $192000 on January 1, 2017. It was originally depreciated on a straight-line basis over 10 years with an assumed salvage value of $31000. On December 31, 2019, before adjusting entries had been made, the company decided to change the remaining estimated life to 4 years (including 2019) and the salvage value to $5000. What was the depreciation expense for 2019? $15500 $12400 $38700 $48000 By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Question Attempts: 0 of 2 used SAVE FOR LATER SAVE FOR LATER SUBMIT ANSWI