A machine with a cost of $260,000 has an estimated salvage value of $20,000 and an estimated useful life of 5 years or 12000 hours. It is to be depreciated using the units-of-activity method of depreciation. What is amount of depreciation for the second full year, during which the machine was used 4000 hours?

Multiple Choice Question 209 A machine with a cost of $260000 has an estimated salvage value of $20000 and depreciation for the second full year, during which the machine was used 4000 hoi $66667. $86667. $80000 $48000