The Vulcan Community Hospital purchased $1,500,000 worth of an MRI. The hospital paid $6,000 for transportation and paid $8,000 for installation. The Asset life is 10 years. The salvage value is $200,000. If the hospital uses the Sum of the Year depreciation method, how much amount will be depreciated for the asset at the end of the first year? $238.909 $302.800 $215.018 $155.034