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Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $97,000. The machine's useful life is estimated to be 20 years, or 340,000 units of product, with a $3,000 salvage value. During its second year, the machine produces 13,600 units of product. Determine the machines' second year depreciation under the units-of-production method. (Do not round intermediate calculations.)

$3,760.

$4,700.

$4,850.

$3,880.

$5,000.