A company purchased equipment valued at $200,000 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 $13,400. Assuming the activity basedmethod of depreciation, what is the depreciation expensefor the second year if 1.5 million units were produced?

a. $41,445.91

b. $62,137.80

c. $31,100.00

d. $55,980.00

e. $33,333.00