word Search Jacqualyn Reed an Layout References Mailings Review View Help Equipment with a cost of $88,722.00, an estimated residual value of $6,988.00, and an estimated lite ot 15 years was deprecated by the straight-lin method for 5 years. Due to obsolescence, it was determined that the remaining useful life should be shortened by 3 years and the residual value changed to zero. The depreciation expense for the current and future years is Select the correct answer. O $27,244.67 O$7,684.67 O $4,098.49 $8,782.48 Computer equipment was acquired at the beginning of the year at a cost of $56,356.00. The computer equipment has an estimated residual value of $2,189.00 and an estimated useful life of 3 years. Determine the 2nd year's depreciation using straight-line depreciation. Select the correct answer. O$19,515.00 O$18,055.67 O$18,785.33 O$36,111.33 Droo