Below are details of Yarra Company's equipment as at 30 June 2020: Cost Accumulated depreciation Fair value less cost to dispose Discounted value in use $20,000,000 $5,400,000 $15,000,000 $16,000,000 The equipment's useful life is 10 years. Yarra Company uses the straight-line depreciation method and estimates that the residual value of the equipment is $2,000,000. The amount of depreciation that Yarra Company should recognise for the equipment each year is: $1,800,000 O $540,000 $2,200,000 O $2,000,000