Equipment was purchased for $$180000.$ Freight charges amounted to $$3000$ and there was a cost of $$24000$ for building a foundation and installing the equipment. It is estimated that the equipment will have a $$38000$ salvage value at the end of its $5-$year useful life.

Depreciation expense each year using the straight$-$line method will be

O $$28400.$

O $$33800.$

O $$41400.$

O $$30600.$