When originally purchased, a vehicle had an estimated useful life of 8 years. The vehicle cost $59,000 and its estimated residual value is $2,000. After 3 years of straight-line depreciation, the asset's total estimated useful life was revised from 8 years to 5 years and there was no change in the estimated residual value. The Depreciation Expense in year 4 is Multiple Choice $3,838 $17,813 $11,400 $11,125