Saved saves The following information is available on a depreciable asset owned by Mutual Savings Bank Purchase date Purchase price Salvage value Useful life Depreciation method July 1, Year 1 $82,600 $11,400 8 years straight-line The asset's book value is $64.800 on July 1, Year 3. On that date, management determines that the asset's salvage value should be $6,400 rather than the original estimate of $11,400. Based on this information, the amount of depreciation expense the company should recognize during the last six months of Year 3 would be: Multiple Choice O $1958:33 $2700.00 Prey 12 of 35 18 Next >