please help me thank you

25. On January 1, 2010, Remiss Company purchased equipment for P4,000,000. The equipment has a useful life of 10 years and a residual value of P400,000. On January 1, 2014, the entity has determined that the useful life of the equipment was 12 years from the date of acquisition and the residual value was P460,000. What amount of depreciation should be recognized for the current year? a 175,000 b. 262,500 C 360,000 d. 300,000