James purchased office equipment for his business. The equipment has a depreciable basis of $7,000 and was put in service on June 1, 2019. James decides to elect straightline depreciation under MACRS for the asset over the minimum number of years (7 years), and does not use bonus depreciation or make the election to expense. What is the amount of his depreciation deduction for the equipment for the 2019 tax year? 

a. $2,000 

b. $1,000 

c. $500 

d. $0 

e. None of the above