Peavey Enterprises purchased a depreciable asset for $27,000 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 $3,000, Peavey Enterprises should recognize depreciation expense in Year 2 in the amount of Multiple Choice $23,000.00 $6,750.00 $6.000.00 $5.000.00 $24.00000