On January 1, 2018, Tyson Manufacturing Corporation purchased a machine for $40,400,000 Tyson's management expects to use the machine for 31,000 hours over the next six years. The estimated residual value of the machine at the end of the sixth year is $11,000. The machine was used for 4,300 hours in 2018 and 5,000 hours in 2019. What is the depreciation expense for 2018 if the corporation uses the units-of-production method of depreciation? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar) O A. $5,603,889 OB $13,466,067 OC. $5,598,170 OD $6,509,500