View Policies Current Attempt in Progress On November 1, 2021, Carla Vista Co. places a new asset into service. The cost of the asset is $69500 with an estimated 10-year life and $7500 salvage value at the end of its useful life. What is the depreciation expense for 2022 if Carla Vista Co. uses the straight-line method of depreciation? $6200. O $1033. O $3475. O $1550