SportsWorld uses straight-line depreciation for a piece of equipment that cost $12,000. The asset had a salvage value of $2,000, and a five-year service life. At the end of the first year, an impairment loss of $2,000 was recognized on the asset. Calculate the amount of depreciation expense for each of the remaining years of the asset's useful life. Question 8 options: A) $1,500 B) $1,600 C) $2,500 D) $1,800 E) $2,000