July 1, 2015, Ao purchased equipment for $4,295,000. salvage value of the equipment is estimated to be $515,000 and the management team believes that the equipment can be used for 5 years. Assuming the company uses the straight line method and follows FASB's preferences for recording partial year depreciation, what should the company record as depreciation expense in 2015?

$3,917,000

$3,539,000

$756,000

$378,000