The XYZ Company bought a piece of land for $$2,500,000$ and a building for $$700,000$ on July $1,2015.$ XYZ determines a $20-$year life and no residual value on the building. The company uses straight$-$line depreciation for all of its depreciable assets. How much is depreciation expense on land for $2015?$A$.$ $$12,500$B$.$ $$17,500$C$.$ Cannot determine because there is not enough informationD. None of the above