On May 12 Zimmer Corporation placed in service equipment (seven-year property) with a basis of $220,000. This was Zimmer's only asset acquired during the year. Calculate the maximum depreciation expense for the current year (ignoring 179 and bonus depreciation). (Use MACRS Table 1.)

Note: Round final answer to the nearest whole number.

Group of answer choices

$15,717

$62,876

31,438

$40,125

None of the choices are correct.