On July 1 you purchased a new photocopier for the office at a cost of $6,600 ($6,000 + $600 GST). You have decided to depreciate this equipment using the diminishing value method, at a rate of 20% per annum. Your year end date is June 30. Your depreciation at the end of the second year would be:

Select one:

a. 2,160

b. 1,200

c. 2,400

d. 600

e. 960