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16. A machine with a cost of $480,000 has an estimated salvage value of S30,000 and an estimated useful life of 5 years or 15,000

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16. A machine with a cost of $480,000 has an estimated salvage value of S30,000 and an estimated useful life of 5 years or 15,000 hours. It is to be depreciated using the units- of-activity method of depreciation. What is the amount of depreciation for the second full year, during which the machine was used 5,000 hours? a. $150,000. b. $90,000. c. $130,000 d. $160,000

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