XYZ bought a photocopier machine for $500,000$ with an estimated useful life of $5$ years and a $10,000$ estimated residual value. It follows the straight$-$line method. At the end of three years, the management revised the equipment$$s remaining useful life to three years $($instead of two years$)$ and residual value to $2,000.$ What is the revised depreciation expense for the fourth year?

Question $1$Answer

a$.$

None of the other options

b$.$

$98000$

c$.$

$100000$

d$.$

$68000$