Week 15 - Assessment of Weeks .... Saved Help Save & Exit Submit 31 Tatsuo Corporation purchased farm equipment on January 1, 2019, for $292,000. In 2019 and 2020, Tatsuo depreciated the asset on a straight-line basis with an estimated useful life of five years and a $97,000 residual value. In 2021, due to changes in technology, Tatsuo revised the residual value to $31,000 but still plans to use the equipment for the full five years. What depreciation would Tatsuo record for the year 2021 on this equipment? 01:00:02 Multiple Choice $54,800. 0 $52,200 $30,000. O $61,000