24: A machine that costs $72,000 has an estimated residual value of $6,000 and an estimated useful life of 5 years. The machine is capable of a total of 30,000 hours over its useful life. Using the units-of-production method (variable depreciation), the depreciation expense for the second year, in which the machine was used for 5,000 hours, would be : Options for Question 23:

None of the above

14 400

12 000

13 200

11 000