A machine with a cost of $79,922.00 has an estimated residual value of $5,450.00 and an estimated life of 4 years or 15,704 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 3,597 hours?

Do not round your intermediate calculations.

$17,057.81

$18,618.00

$18,306.13

$37,236.00