When originally purchased, a vehicle had an estimated useful life of 8 years. The vehicle cost $43,000 and its estimated residual value is $3,000. After 3 years of straight-line depreciation, the asset's total estimated useful life was revised from 8 years to 4 years and there was no change in the estimated residual value. The depreciation expense in year 4 is

When originally purchased, a vehicle had an estimated useful life of 8 years. The vehicle cost $43,000 and its estimated residual value is $3,000. After 3 years of straight-line depreciation, the asset's total estimated useful life was revised from 8 years to 4 years and there was no change in the estimated residual value. The depreciation expense in year 4 is (Round your final answer to the nearest whole number.)

	$9,725
	$10,000
	$6,525
→	$25,000

Explanation  The amount of depreciable cost as of the end of year 3 is: $43,000 − $3,000 − ($40,000 / 8 × 3) = $25,000. The remaining depreciation will be recorded over the remaining 1-year useful life: $25,000 / 1 = $25,000