Equipment Costing $60,000 with a Residual Value of $6,000 and an Estimated

Multiple Choice

Equipment costing $60,000 with a residual value of $6,000 and an estimated life of eight years has been depreciated using the straight-line method for two years.Assuming a revised estimated total life of five years,the depreciation expense for year 3 would be

A) $6,750.
B) $9,000.
C) $13,500.
D) $10,800.