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A machine with a cost of $74,512.00 has an estimated residual value of $4,346.00 and an estimated life of 7 years or 17,811 hours. It

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A machine with a cost of $74,512.00 has an estimated residual value of $4,346.00 and an estimated life of 7 years or 17,811 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 4,086 hours? Select the correct answer. O $20,047.43 O$16,096.70 O$10,023.71 $17,093.71

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