The City of Autopia acquires four new electric vehicles for its city fleet at a total cost of $250,000. The city plans to operate these vehicles for five years, at the end of which it will sell the four for an expected $50,000 total. Autopia uses a modified cash budget approach, recognizing capital expenses using a straight-line depreciation method. What is the depreciated expense it will show for these new vehicles in each fiscal year? Select one:

	a.	Cannot determine from the information given
	b.	$50,000
	c.	$62,500
	d.	$40,000