Midnight, Inc. incurred the following costs related to equipment purchased on January $1,2022$:

Purchased equipment for $$80,000,$ terms $\frac{2}{10},$ net $30.$ Paid for the equipment on January $5,2022.$

Had the equipment installed and paid the installer $$5,000.$

Paid the freight bill for the truck that delivered the equipment for $$800.$

Advertised a new product that will be produced by the new equipment, $$1,900.$

Sales taxes paid on the equipment amounted to $$6,000.$

During installation, a part was broken off and had to be replaced for $$2,700.$

Midnight believes the machine will be useful for $5$ years, at which time it will be sold for $$5,000.$

Assuming Midnight, Inc. uses the straight$-$line method of depreciation, what will depreciation expense on its $2023$ income statement be$?$

Select one:

a$.$ $$17,580$

b$.$ $$19,170x$

c$.$ $$35,330$

d$.$ $$17,040$

e$.$ $$34,720$