entury Co. purchased a machine on July 1, 2012, for $740,000. The machine was estimated to have a useful life of 10 years with an estimated residual value of $42,000. Freight charges amounted to $8,000 and installation costs amounted to $2,000 on July 1, 2012. During 2015, it became apparent that the machine would become uneconomical after December 31, 2019, and that the machine would have no scrap value. Accumulated depreciation on this machine as of December 31, 2014, was $177,000. What should be the charge for depreciation in 2015?

a.

$106,200

b.

$114,600

c.

$143,250

d.

$123,000