When there is a revised useful life on a depreciated asset due to more information being available or because of a subsequent capital expenditure , which of the following is adjusted : Depreciated per year remains unadjusted Depreciation per year is recalculated based on the fair value of the asset Depreciation per year is recalculated based on the remaining years of useful life Depreciation per year is recalculated based on present value of the future cash