Tucker Ltd purchases an equipment for $300,000 on 1 July 2015 and depreciates the asset over 15 years. The estimated residual value is $30,000. On 30 June 2018, the management of Tucker Ltd assesses the equipment as having a recoverable amount of $200,000. What should be the depreciation expense recorded by Tucker Ltd on 30 June 2019 assuming the original estimated useful life and residual value remain the same?

a) $14,167

b) $16,667

c) $13,333

d) $11,333