The following information is avallable on a depreciable asset The asset's book value is $58,000 on January 1, Year 3 . On that date, manegement determines that the asters saivige value should be $5,000 rather than the original estimate of $10,000. Eased an this infarmation, the anount of depreciation evpense the company should recognize duting Year 3 would be $5,300.00 $6,000.00 $6,625.00 $5,800.00 $7,250.00