Watson Tax Planning Service has the following plant assets: Communications Equipment: Cost,

$ 7 comma 040

with useful life of eight years; Furniture: Cost,

$ 22 comma 800

with useful life of 12 years; and Computer: Cost,

$ 12 comma 800

with useful life of four years. (Assume residual value of all the assets is zero.) Watson's monthly depreciation expense calculated using the

straightminus

line

method is ________. (Round any intermediate calculations to two decimal places, and your final answer to the nearest cent.)

A.

$ 266.67

B.

$ 158.33

C.

$ 498.33

D.

$ 73.33