On September 1, a company purchased a vehicle for $58,000 with a residual value of $8,000. The estimated useful life is 5 years and the company uses the straight-line method. What is the depreciation expense for the year ended December 31?

On September 1, a company purchased a vehicle for $58,000 with a residual value of $8,000. The estimated useful life is 5 years and the company uses the straight-line method. What is the depreciation expense for the year ended December 31? $2,500 $3,333 $3,867 $10,000