Dinkins Company purchased a truck that cost $45,000. The company expected to drive the truck 100,000 miles over its 5-year useful life, and the truck had an estimated salvage value of $6,500. If the truck is driven 27,500 miles in the current accounting period, what would be the amount of depreciation expense for the year? (Do not round intermediate calculations.)

A. $10,588

B. $12,375

C. $7,700

D. $18,000