If the original expected life remained the same (i.e.,5-years),but at the beginning of 2013 the salvage value were revised to $6,000,the annual depreciation expense for each of the remaining years would be:
A) $14,900.
B) $9,333.
C) $17,900.
D) $14,675.

Question

Quizplus · Accepted Answer

The revised depreciation expense is calculated by subtracting the revised salvage value from the book value at the beginning of 2013 and dividing by the remaining useful life.

If the Original Expected Life Remained the Same (I