A machine with a cost of $64,301.00 has an estimated residual value of $4,570.00 and an estimated life of 4 years or 14,826 hours It is to be depreciated by the units-of-production method. What is the amount of depreciation for the second full year, during which the machine was used 4,018 hours? Select the correct answer. $17,426.24 $29,865.50 $14,932.75 $16,187.72