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On danuary 1, 2017, Zade Manufacturing Corporation punchased a machine for $41,000,000. Zade'n manpgemont expects to use the machine for 32,000 hours over the next

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On danuary 1, 2017, Zade Manufacturing Corporation punchased a machine for $41,000,000. Zade'n manpgemont expects to use the machine for 32,000 hours over the next sik years. The estimated residual value of the machine ar the end of the axth year is $43,000. The machine was used for 3,700 hours in 2017 and 5,700 hours in 2018 . What is the depreciaton expense for 2017 the corporabien uses the units-ot-producton method of depreclation? (Round any intermediate calculatians to two decinal places, and your final answer to the nearest dolar). A. 37,295,487 B. 513,666,667 C. $4,735,667 D. $4,740,625

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