A machine with a cost of $72,524.00 has an estimated residual value of $4,995.00 and an estimated life of 5 years or 17,143 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 4,786 hours?

Select the correct answer.

$27,011.60

$13,505.80

$20,247.32

$18,852.81