A machine with a cost of $76,933.00 has an estimated residual value of $4,453.00 and an estimated life of 5 years or 14,926 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 3,688 hours?

a. $28,992.00

b. $17,908.04

c. $19,009.04

d. $14,496.00