Peavey Enterprises purchased a depreciable asset for exist30.500 on April 1. Year 1. The asset will be depreciated using the straight-line method over its four-year useful life. Assuming the assets selvage value is exist3700, Peavey Enterprises should recognize depreciation expense in Year 2 in the amount of: exist25, 683, 33 exist6700,00 exist5, 583, 33 exist26, 800,00 exist7625.00