You are the project manager for the Hardware Inventory Project $($HIP$).$ You have a piece of equipment that was purchased recently for $$10,000$ and is expected to last five years in production. At the end of the five years the expected worth of the equipment will be $$1,000.$ Using straight$-$line$-$depreciation, what is the amount that can be written off each year?

Select one:

$1.$

$$2,000$

$2.$

$$1,800$

$3.$

$$1,000$

$4.$

Zero