Quiz Saved Help Save & Exit Submit When originally purchased, a vehicle had an estimated useful life of 10 years. The vehicle cost $53,000 and its estimated residual value is $3,000. After 3 years of straight-line depreciation, the asset's total estimated useful life was revised from 10 years to 5 years and there was no change in the estimated residual value. The Depreciation Expense in year 4 is: Multiple Choice 29 $9725 $10,000 $17.500 $3,775