Davida's Delivery Service Purchased a Delivery Van for $30,000

Multiple Choice

Davida's Delivery Service purchased a delivery van for $30,000.The van had an estimated useful life of six years and an estimated residual value of $6,000.After four years of use,the total estimated useful life is revised to seven years.Assuming straight-line depreciation,depreciation expense in year 5 would be (amounts rounded)

A) $2,667.
B) $4,667.
C) $2,000.
D) $1,143.