A Company Purchased Factory Equipment on April 1,2011 For $€ 80,000$

A company purchased factory equipment on April 1,2011 for $€ 80,000$ . It is estimated that the equipment will have a $€ 10,000$ residual value at the end of its 10-year useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31,2011 is

A) $€ 8,000$ .
B) $€ 7,000$ .
C) $€ 5,250$ .
D) $€ 6,000$ .