An Asset Was Purchased for ¥200,000

Multiple Choice

An asset was purchased for ¥200,000. It had an estimated residual value of ¥40,000 and an estimated useful life of 10 years. After 5 years of use, the estimated residual value is revised to ¥32,000 but the estimated useful life is unchanged. Assuming straight-line depreciation, depreciation expense in year 6 would be

A) ¥24,000.
B) ¥17,600.
C) ¥12,000.
D) ¥16,800.