Coronado Industries purchased a depreciable asset for $590000 on January 1, 2015. The estimated salvage value is $59000, and the estimated useful life is 9 years. The straight-line method is used for depreciation. In 2018, Coronado changed its estimates to a total useful life of 5 years with a salvage value of $99000. What is 2018 depreciation expense?

$157000

$59000

$177000

$86400