Vaughn Manufacturing purchased machinery on January 2, 2015, for $ 880000. The straight-line method is used and useful life is estimated to be 10 years, with a $ 73000 salvage value. At the beginning of 2021 Vaughn spent $ 188000 to overhaul the machinery. After the overhaul, Vaughn estimated that the useful life would be extended 4 years (14 years total), and the salvage value would be $ 35000.

The depreciation expense for 2021 should be

A$ 68600.

B$ 63850.

C$ 72975.

D:$ 80700.

Solve urgently thanks