A company purchased office furniture in the 2nd quarter of year 1 for $8,000. The next year, it sells all of its office furniture in the 4th quarter of year 2. What is the companys depreciation on the office furniture in year 2 assuming the office furniture has a recovery period of 7 years and the company uses the mid-quarter depreciation convention?

A. $535

B. $1,250

C. $1,643

D. $1,878