Fontaine Ltd. acquired a machine for $600,000 on January 1, 2022. The machine has a salvage value of $10,000 and a five-year useful life. Fontaine expects the machine to run for 15,000 machine hours. The machine was actually used for 4,800 hours in 2022 and 3,150 hours in 2023.

What amount would Fontaine record as depreciation expense for 2022 if the units-of-production method were used? (Note: Round your answer to the nearest hundred dollars.)

a.$123,900

b.$188,800

c.$192,000

d.$195,200