Use the Following to Answer Questions

Multiple Choice

Use the following to answer questions
Farmer Company purchased equipment on January 1,2015 for $82,000.The machines are estimated to have a 5-year life and a salvage value of $4,000.The company uses the straight-line depreciation method.
-At the beginning of 2018,Furst revised the expected life to eight years.The annual amount of depreciation expense for each of the remaining years would be:

A) $6,240.
B) $4,400.
C) $7,040.
D) $3,900.