The balance in accumulated depreciation on January 1 and December 31 is $50,000 and $35,000, respectively, during a year in which an asset with a cost of $19,000 and net book value (carrying value) of $1,000 was scrapped. Depreciation expense for the current year is:

Select one: A. $15,000 B. $19,000 C. $3,000 D. $1,000 E. $18,000