A machine with a cost of $76,026.00 has an estimated residual value of $4,163.00 and an estimated life of 6 years or 19,237 hours. It is to be depreciated by the units-of-output method. What is the amount of depreciation for the second full year, during which the machine was used 3,750 hours?

Do not round your intermediate calculations.

$11,977.17

$14,820.27

$14,008.75

$23,954.33