The MACRS Basis of 5-year property acquired on December 3, 20X1 is $10,000. No Section 179 or bonus depreciation is taken on the property. The property is sold on September 4, 20x2. If the mid-quarter convention applies to personal property acquired in 20X1 and regular (accelerated) MACRS is used, depreciation expense for 20X2 is: 1) 3,800 2) 1,900 3) 2,375 4) 3,008 5) 2692