12 On January 1, 2019, Hamad Town Co. purchased a machine for $240,000. It is estimated that the machine will have a 10-year useful life or 100,000 units over its useful life. Salvage value at the end its useful life is estimated to be $20.000. Assuming the company produced 12,000 units in 2019. Depreciation expense for the year ended December 31, 2019 using units-of-production method of depreciation would be: O A. None of these answers. O B. $22,000 O C. $26,400 O D. $48,000