Your Company purchased equipment on January 1, 2012 for $82,000. The machines were estimated to have a 5-year life and a salvage value of $4,250. The company uses the straight- line depreciation method. At the beginning of Year 3, Your Company spent $25,000 on a major overhaul. The expected life was increased by three years and salvage was estimated to be $2,000. The annual amount of depreciation expense for each of the remaining years would be: (Round to nearest dollar if you need to.) O $14,780 O $12,650 $12,317 O $ 9,708 O $15,180