Custom Closets purchased office fixtures on January 1. The cost was $14,000?, and the fixtures had a residual value of $3,000 The fixtures were given a useful life of 88 more years and their residual value would still be $3,000. What will be the depreciation under the?straight-line method to the nearest dollar be for the fourth?year?

.

A.

$1,375

B.

$3,438

C.

$1,750

D.

$4,125