NG Ltd Purchased a Sprinkler System on 1 January,the Start

Multiple Choice

NG Ltd purchased a sprinkler system on 1 January,the start of Year 1. $$\begin{array} { l c } \text { Cost (net of GST) } & \$ 6500 \\\text { Residual } & \$ 1500 \\\text { Estimated Useful Life } & 5 \text { years }\end{array}$$ Under the straight-line method depreciation expense for year 2 will be:

A) $1300
B) $1000
C) $1500
D) $1250