Peavey Enterpses purchased a depreciable asset for $24.500 on April 1, Year 1. The asset wel be depreciated using the straight-line method over its four year useful life. Aturning the asset's salvage value is $2,500, Peavey Enterprises should recognize depreciation experts in Year 2 in the amount of Multiple Choice $5.50000 $22,000.00 1512500 54562 33 5210833