Computer equipment was acquired at the beginning of the year at a cost of $52,565.00. The computer equipment has an estimated residual value of $2,292.00 and an estimated useful life of 6 years. Determine the 2nd year's depreciation using straight-line depreciation.

Select the correct answer.

$9,142.83

$8,760.83

$16,757.67

$8,378.83