Historic Pieces Inc

Historic Pieces Inc.purchased equipment on January 1,2018 for $275,000.It was estimated that the equipment would have a residual value of $25,000 at the end of its useful life.The asset's useful life was estimated at 5 years or 10,000 units of output.The company has a December 31 year end.Assuming the company uses straight-line depreciation,what is the depreciation expense for 2018?

A) $27,500
B) $50,000
C) $55,000
D) $60,000