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Mustang Crushers Ltd. has crushing equipment with a cost of $ 513000. The equipment is estimated to last 16 years and to crush an

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Mustang Crushers Ltd. has crushing equipment with a cost of $ 513000. The equipment is estimated to last 16 years and to crush an estimated 330000 units during its lifetime at which time it will have an estimated residual value of $58000. It is to be depreciated using the units of production depreciation method. During the current year, 35600 units were crushed. Calculate depreciation expense for the crushing equipment for the current year. Round your answer to the nearest dollar.

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