A new machine is bought for $75\,000$. On top of this, delivery and installation costs are $2\,500$. The business charges depreciation on all non-current assets at $20\%$ per annum by the straight-line method. What amount would depreciation reduce the profit for the year by?
- A$14\,500$
- B$15\,000$
- C$15\,500$
- D$17\,500$