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An asset was purchased for $141,000 on January 1, Year 1 and originally estimated to have a useful life of 9 years with a residual value of $10,000. At the beginning of the third year, it was determined that the remaining useful life of the asset was only 4 years with a residual value of $2,400. Calculate the third-year depreciation expense using the revised amounts and straight-line method.

a. $27,872.22

b. $27,372.22

c. $26,372.22

d. $28,372.22