A company purchased equipment valued at $194,400 on January 1. The equipment has an estimated useful life of six years or 5 million units. The equipment is estimated to have a salvage value of $12,600. Assuming the straight-line method of depreciation, what is the depreciation for the second year?

a. $25,971.43

	$30,300.00
	$75,600.00
	$32,400.00
	$36,360.00