Paragraph Styles Equipment with a cost of $70,378.00, an estimated residual value of $6,930.00, and an estimated life of 11 years was depreciated by the straight-line method for 6 years. Due to obsolescence, it was determined that the remaining useful life should be shortened by 4 years and the residual value changed to zero. The depreciation expense for the current and future years is Select the correct answer $34,608.00 $35,770.00 $3,251.82 $3,577.00 (Ctrl)