A company purchased factory equipment on June 1, 2019, for $96,000. It is estimated that the equipment will have a $6,000 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, 2014, is

a. $9,000. c. $4,500.

b. $5,250. d. $3,750.