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

$$ Purchased equipment for $$80,000,$ terms $2/10,$ 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$.$ $$35,330$

b$.$ $$17,580$

c$.$ $$19,170$

d$.$ $$34,720$

e$.$ $$17,040$