A City Government Purchased a New Fire Truck in Year

A city government purchased a new fire truck in Year 1 for $270,000. The city incurred an additional $30,000 in transportation and calibration costs to ready it for use. It has an estimated useful life of 20 years, though it is being financed over a 15 year period. The amount of depreciation that will be reported each year in the General Fund will be

A) $0.
B) $13,500.
C) $15,000.
D) $18,000.