Peavey Enterprises purchased a depreciable asset for $32000 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 $4,000, Peavey Enterprises should recognize depreciation expense in Year 2 in the amount of Multiple Choice $8,00000 $700000 $28.000 00 10110 El Ned ? Alt Cri Alr