Equipment Costing $30,000 with a Salvage Value of $6,000 and an Estimated

Multiple Choice

Equipment costing $30,000 with a salvage value of $6,000 and an estimated life of 8 years has been depreciated using the straight-line method for 2 years. Assuming a revised estimated total life of 5 years and no change in the salvage value, the depreciation expense for year 3 would be

A) $3,600.
B) $8,000.
C) $6,000.
D) $4,800.