Question: 11 (1 point) ABC Limited purchased a computer for $5,960 on January 1, 20X0. Straight-line depreciation is used for the computer, based on a five-year

11 (1 point) ABC Limited purchased a computer for $5,960 on January 1, 20X0. Straight-line depreciation is used for the computer, based on a five-year life and a $854 residual value. In 20X2, the estimates are revised. ABC now expects the computer will be used until December 31, 20X3, when it can be sold for $427. What depreciation expense is recorded in 2022 if the company has a December 31 year end? $1,702 $1,745 $1,789 $1,833 $1.876 11 (1 point) ABC Limited purchased a computer for $5,960 on January

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