A company purchased factory equipment on April $1,2022$ for $$69600.$ It is estimated that the equipment will have a $$12000$ salvage

value at the end of its $10-$year useful life. Using the straight$-$line method of depreciation, the amount to be recorded as depreciation

expense at December $31,2022$ is

$$5760.$

$$5220.$

$$4320.$

$$6960.$