On March 1, 2016, Ginger Company purchased a machine for $175,000. It had a $25,000 salvage value and a 10-year useful life.

Assuming that Ginger uses the straight-line method to depreciate its assets, how much depreciation expense will Ginger recognize on December 31, 2016 and December 31, 2017?

a. Year 2016 - $11,250; Year 2017- $3,750

b. Year 2016 - $11,250, Year 2017 - $15,000

c. Year 2016 - $12,500, Year 2017 - $15,000

d. Year 2016 - $15,000, Year 2017- $15,000

e. Year 2016- $12,500, Year 2017- $2,500