Ron's Quik Shop Bought Machinery for $25,000 on January 1

Multiple Choice

Ron's Quik Shop bought machinery for $25,000 on January 1, 2010. Ron estimated the useful life to be 5 years with no salvage value, and the straight-line method of depreciation will be used. On January 1, 2011, Ron decides that the business will use the machinery for a total of 6 years. What is the revised depreciation expense for 2011?

A) $4,000
B) $2,000
C) $3,333 d $5,000