An Asset Was Purchased for $140,000

Multiple Choice

An asset was purchased for $140,000.It had an estimated salvage value of $35,000 and an estimated useful life of 10 years.After 5 years of use, the estimated salvage value is revised to $28,000 but the estimated useful life is unchanged.Assuming straight-line depreciation, depreciation expense in Year 6 would be

A) $21,000.
B) $14,875.
C) $11,900.
D) $17,500.