The following information is available on a depreciable asset owned by Mutual Savings Bank:

Purchase date July 1, Year 1

Purchase price $80,500

Salvage value $10,300

Useful life 9 years

Depreciation method straight-line

The asset's book value is $64,900 on July 1, Year 3. On that date, management determines that the asset's salvage value should be $5,300 rather than the original estimate of $10,300. Based on this information, the amount of depreciation expense the company should recognize during the last six months of Year 3 would be:

a) 2317.86

b)4257.14

c)2061.61

d)1760.71

e)2128.57