Denver Inc. purchased a 15 year asset in July for $250,000. This is the only asset the company placed in service during that year. The straight line method was not elected. The company elects out of bonus depreciation and the Section 179 expense deduction. Denver Inc. sold the asset in January of Year 2. What is the depreciation allowable for the year of sale? (Round to the nearest whole number.) A. $10,655. B. $11,875, C. $12,269, D. $13,450