Page 6 of 12 Question 6 (2 points) Encanto Corporation purchased a building on December 31, 20x0 for $1,400,000. At that time, Encanto believed the building would have a useful life of 28 years and estimated a residual value of $144,000. It is now March 31, 20x6, and Encanto has received new information that suggests the useful life of the building will likely be 35 years with a residual value of $90,000. Encanto uses the straight-line method of calculating depreciation expense. What should the company record as depreciation expense in 20x6? $31,020 $43,667 $39.190 $36,190 Next Page Page 6 of 12