A company purchased a rope braiding machine for $298, 810. The machine has a useful life of 8 years and a residual value of $16, 500. It is estimated that the machine could produce 763,000 units of climbing rope over its useful life. In the first year, 111, 500 units were produced. In the second year, production increased to 115, 500 units. Using the units-of-production method, what is the amount of depreciation that should be recorded for the second year? $45, 233. $41, 255. $83, 990. $43, 666. $42, 735