QUESTION 6 On 1 January 2019 an asset that had a useful life of five years and a cost of $100,000, had a carrying value of $60,000. On the same date, it was decided to record a revaluation increment of $30,000 with no change in its useful life. What is the depreciation expense relating to the asset should be recorded for the financial year ended on 31 December 2019? Do not include commas and dollar sign ($) in your answers. Present $1,000 as 1000