A company purchased a computer system on January 2, 2010 for $1,600,000. The company used the straight-line depreciation method with an estimated useful life of 6 years and a residual value of $130,000. The company prepares financial statements at December 31. Which of the following is true about the depreciation recorded?

A) Depreciation expense will be debited for $245,000.

B) Accumulated depreciation will be debited for $266,667.

C) The depreciable cost of the computer system is $1,600,000.

D) The net book value of the computer system at December 31, 2010 will be $1,225,000.