nment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator &inprogress=false An asset was purchased for $141,000 on January 1, Year 1 and originally estimated to have a useful life of 11 years with a residual value of $12,500. the asset was only 4 years with a residual value of $2,800. Calculate the third-year depreciation expense using the revised amounts and straight-line Oa. $29,209.09 Ob. $27.70 Oc. $29.709.09 Od. $28.709.09 ve a useful life of 11 years with a residual value of $12,500. At the beginning of the third year, it was determined that the remaining useful life of eciation expense using the revised amounts and straight-line method. O X C