Refer to the information above. Assume that in its financial statements, Tilton Products uses straight-line depreciation and rounds depreciation for fractional years to the nearest month

Depreciation expense recognized on this machinery in 2014 and 2015 will be:

A. $2,333 in 2014 and $7,000 in 2015.

B. $5,833 in 2014 and $10,000 in 2015.

C. $6,667 in 2014 and $10,000 in 2015.

D. $10,000 in 2014 and $10,000 in 2015.

C
($88,000 - $8,000) = $80,000/8 = $10,000 × 8/12 = $6,667 in 2014 and $10,000 in 2015