Flint Solar Energy showed the following information in its Property, Plant, and Equipment subledper regarding a machine, Machine: Cost Component Motor $ 45,000 Date of Purchase Depreciation Method Jan. 1/16 Straight line Jan. 1/16 Straight line Jan 1/16 Straight line Est, Residual Est. Life Accum. Dep, at Dec 31, 2019, Year End $ 5,000 10 years $ 16,000 15,000 25 years 8.480 0 5 years 12.000 16480 Metal housing 68,000 15.000 Mise parts $128.000 On September 1, 2020, the motor was replaced with a new one costing $60,000, it was purchased on account. The new motor had an estimated residual value of $10,000 and an estimated life of eight years Calculate the total depreciation expense to be recorded on the machine for 2020