Big Rock Times Corporation (BRT) Acquired Equipment on January 1

Big Rock Times Corporation (BRT) acquired equipment on January 1, 2017, for $300,000. The equipment had an estimated useful life of 10 years and an estimated salvage value of $25,000. On January 1, 2020, BRT Corporation revised the total useful life of the equipment to 6 years and the estimated salvage value to be $10,000. Compute the carrying amount of the equipment as of December 31, 2020, if BRT Corporation uses straight-line depreciation.

A) $148,333
B) $155,000
C) $151,667
D) $190,000