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Calculator A machine with a cost of $61,578.00 has an estimated residual value of $4,764.00 and an estimated life of 3 years or 17,845 hours.

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Calculator A machine with a cost of $61,578.00 has an estimated residual value of $4,764.00 and an estimated life of 3 years or 17,845 hours. It is to be depreciated by the units-of-production method. What is the amount of depredation for the secon full year, during which the machine was used 3,170 hours? Select the correct answer. $37,876.00 $18,938.00 $10,938.76 $10,092.48

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