WS uses straight-line depreciation for a piece of equipment that cost $12.000, hed a salvage value of $2,000, and a five-year service ife As the end of the first year, an impairment loss of $2,000 wes recognized on the asset. Calculate the amount of depreciation expense for each of the remaining years of the asser's useful life Multiple Choice $1,500 $1600 $2.500