Alpha Corporation purchased equipment on January 1, 2014, for $80,000. At that time, it was estimated that the equipment would have a useful life of six years and a disposal value of $15,000. In 2014 and 2015, Alpha depreciated the asset on a 20% declining balance basis. In the beginning of 2016, due to changes in technology, Alpha chose to switch to straight line depreciation for the balance of the equipment's planned useful life. What depreciation would Alpha record for the year 2016 on this equipment?