On April $2,$ Year $1,$ Victor, Incorporated acquired a new piece of filtering equipment. The cost of the equipment was $$160,000$ with a residual value of $$20,000$ at the end of its estimated useful lifetime of $4$ years. Victor uses a calendar year$-$end for financial reporting.

Assume that in its financial statements, Victor uses straight$-$line depreciation and rounds depreciation for fractional years to the nearest whole month. Depreciation recognized on this equipment in Year $1$ and Year $2$ will be:

Select one:

a$.$ $$23,333$ in Year $1$ and $$35,000$ in Year $2.$

b$.$ $$40,000$ in Year $1$ and $$30,000$ in Year $2.$

c$.$ $$26,250$ in Year $1$ and $$35,000$ in Year $2.$

d$.$ $$20,000$ in Year $1$ and $$35,000$ in Year $2.$