#3 Tyson Co. purchased machinery on January 2, 2012, for $880,000. The straight-line method is used and useful life is estimated to be 10 years, with a $80,000 salvage value. At the beginning of 2018 Tyson spent S192,000 to overhaul the machinery. After the overhaul, Tyson estimated that the useful life would be extended 4 years (14 years total), and the salvage value would be $40,000. The depreciation expense for 2018 should be? (10pts)