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2) On January 1, 2016, Amethyst Manufacturing Corporation purchased a machine for $40,000,000. The corporation expects to use the machine for 24,000 hours over the

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2) On January 1, 2016, Amethyst Manufacturing Corporation purchased a machine for $40,000,000. The corporation expects to use the machine for 24,000 hours over the next six years. The estimated residual value of the machine at the end of the sixth year is $40,000. The schedule of usage of the machine is below. Year Usage 4,500 6,000 5,200 4,300 2,000 2,000 Prepare the depreciation schedule using the units-of-production method of depreciation

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