he following information is available on a depreciable asset owned by First Bank & Trust: Purchase date October 1 Year 1 Purchase price $99700 Salvage value $10600 Useful life 11 years Depreciation method straight-lineThe assets book value is $83500 on October 1 Year 3. On that date management determines that the assets salvage value should be $5600 rather than the original estimate of $10600. Based on this information the amount of depreciation expense the company should recognize during the last three months of Year 3 would be (Do not round intermediate calculations. Round your final answer to two decimal places):