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Claxton, Inc. purchased a van on January 1, 2024 for $340,000. Estimated Ife of the van was five years, and its estimated residual value was

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Claxton, Inc. purchased a van on January 1, 2024 for $340,000. Estimated Ife of the van was five years, and its estimated residual value was $90,000. Calon uses the straight-line method of depreciation. At the beginning of 2026, the company revised the total estimated life of the asset from freynars to four years. The estimated residual value remained the same as estimated earlier. Calculate the depreciation expense for 2026 A 5135,000 OB. $112,500 G. $270,000 D. $225,000

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