Peavey Enterprises purchased a depreciable asset for $22, 500 on April 1, Year 1. The asset will be depreciated using the straight-line method over its four-year useful life. Assuming the asset's salvage value is $2, 100, what will be the amount of accumulated depreciation on this asset on December 31, Year 3? $17,000 $4, 250 $14, 025 $5, 100 $4, 250