Year Schedule A Schedule B Schedule C Schedule D 1 $6,380.00 $6,000.00 $10,125.00 $8,800.00 2 10,208.00 3,600.00 3 6,124.80 2,160.00 4 3,668.50 1,296.00 5 3,668.50 444.00 13,500.00 13,500.00 13,500.00 3,375.00 6,600.00 7,480.00 6,600.00 4,400.00 6 1,850.20 7,040.00 7 4,840.00 8 Total $31,900.00 $13,500.00 $54,000.00 $45,760.00 Review the depreciation schedules on the Patterson Planning Corp. panel, then answer the questions below. 1. How would you adjust Schedule C if, at the beginning of Year 3, the asset was estimated to have 5 more years of life remaining, but with a residual value that was $3,000 higher? The total depreciation for this asset now will be $ $ The depreciation amount for Year 3 will be Points: 0/2