pically refers to the process of allocnting the cost of long-term intangible assets used in the business over future periods A. Depreciation. B. Amortization. C. Depletion. D. Impairment E. None of the above. 39. James E. Payne Re $100,000. The tive-year life with an estimated residual value of $10,000, On January 1,2018, the estimate of useful life Was changed to a total of 10 years, and the estimate of residual value was change to $2,250. mes E. Payne Resources, Ltd. purchased a computer system on January 1, 2016 at a cost of e computer was depreciated using the sum-of-the-years' digits method over an estimated What should the 2018 depreciation expense be for the computer system? A. $19,55o B. $21,722. C. $18,000. D. $5,750. E. $9,722 40, Enjoy your Summer Break! Mark 'A' on your Scantron for this problem to get free points. (A)This one! B. Not this one. C. Not this one. D. Not this one. E. Not this one