Lauter Tun Corporation acquired equipment on January 1,2017 , for $300,000. The equipment had an estimated useful life of 10 years and an estimated salvage value of $25,000. On January 1,2020 , Lauter Tun Corporation revised the total useful life of the equipment to 8 years and the estimated salvage value to be $10,000. Compute depreciation expense for the year ending December 31, 2020, if Lauter Tun Corporation uses straight-line depreciation. A. $25,938 B. $41,500 C. $38,500 D. $43,500