Kent Express Owns a Fleet of Delivery Vehicles $$\begin{array} { | l | l | l | l | } \hline \text { Year 1: } & \$ 22222 & \text { Year 2: } & \$ 19444 \\\hline\end{array}$$

Kent Express owns a fleet of delivery vehicles.They were purchased for $120 000 and are expected to have a useful life of 8 years.Their residual value is expected to be $20 000.What is the depreciation expense recorded using the sum-of-digits depreciation method in years 1 and 2 (rounded to the nearest dollar) ?

A)
$$\begin{array} { | l | l | l | l | } \hline \text { Year 1: } & \$ 22222 & \text { Year 2: } & \$ 19444 \\\hline\end{array}$$
B)
$$\begin{array} { | l | l | l | l | } \hline \text { Year 1: } & \$ 26667 & \text { Year 2: } & \$ 23333 \\\hline\end{array}$$
C)
$$\begin{array} { | l | l | l | l | } \hline \text { Year 1: } & \$ 25000 & \text { Year 2: } & \$ 21875 \\\hline\end{array}$$
D)
$$\begin{array} { | l | l | l | l | } \hline \text { Year 1: } & \$ 22222 & \text { Year 2: } & \$ 15124 \\\hline\end{array}$$