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 based method of depreciation, what is the depreciation expense for the second year if 1.5 million units were produced? $41,445.91 $62,137.80 $31,100.00 $55,980.00 $33,333.00