Question 25 (2.5 points) A delivery van was acquired on January 1 at a cost of $100,000. It was estimated to have a useful life of 3 years and a salvage value of $10,000. Straight-line depreciation was used. On January 1, following two full years of use, it was decided that the van would be used for 3 more years (total useful life of 5 years). The salvage value was revised to $7,000. Depreciation expense for the third year of use would be: $16,500 $11,000 $30,000 $13,333 Previous Page Next Page Page 28 of 36 Submit Qulie 22 of 40 questions suved 22 of 4 38 MOSISO command option