Lavonne Company Purchased a Machine on July 1, 2010, for $80

Lavonne Company purchased a machine on July 1, 2010, for $80, 000.The machine has an estimated useful life of 5 years with a salvage value of $10, 000.It is being depreciated using the straight-line method.On January 1, 2012, Lavonne reevaluated the machine's useful life and now believes it will continue for another 6 years (for a total of 7 1/2 years) and have no salvage value at the end of its useful life.Depreciation expense for the year ended December 31, 2012, related to this machine would be

A) $14, 000
B) $10, 667
C) $ 9, 833
D) $ 8, 167

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