Equipment was purchased at the beginning of 2015 for $203,000. At the time of its purchase, the equipment was estimated to have a useful life of seven years and a salvage value of $21,000. The equipment was depreciated using the straight-line method. At the beginning of 2018, the estimate of useful life was revised to a TOTAL life of eight years (to 1/1/23) and the expected salvage value was changed to $15,000. The amount to be recorded for depreciation for 2018, reflecting these changes in estimates, is Select one: O a $13,750 Ob. $25,000 Oc. $23,200 Od. $22,000 Oe $14,500