The asset's book value is $103,700 on july 1, year 3. on that date, management determines that the asset's salvage value should be $6,700 rather than the original estimate of $11,700. based on this information, the amount of depreciation expense the company should recognize during the last six months of year 3 would be:

answer: b) the us is the leading importer but not the leading exporter.

extra info:

the u.s is the largest importer but it is not the largest exporter as china sits on the top of the table when it comes to leading exporters.

but u.s is not far from first,

they rank in 2nd globally as the worlds largest exporter.

happy to

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answer; im thinking the correct answer is (7years);

b is the correct answer