10. ABC purchased a depreciable asset for $22,000 on March 1, Year 1. The asset will be depreciated using the straight-line method over its four-year useful life. Assuming the assets's residual value is $2,000, ABC should recognize depreciation expense in Year 2 in the amount of:

A. $19,166.67

B. $5,000.00

C. $5,500.00

D. $20,000.00

E. $4,166.67

(explain your answer please)