Question 8 of 18 - / 10 III View Policies Current Attempt in Progress An asset was purchased for $280000. It had an estimated salvage value of $50000 and an estimated useful life of 10 years. After 5 years of use, the estimated salvage value is revised to $43000 but the estimated useful life is unchanged. Assuming straight-line depreciation, depreciation expense in Year 6 would be O $24400. O $38333. O $30500. $46000. Save for Later Attempts: 0 of 1 used Submit