On January 1, 2023, the Accumulated Depreciation-Machinery account of Sandhill Corp. showed a balance of $837500. At the end of 2023, after the adjusting entries were posted, it showed a balance of $871200. During 2023, one of the machines that cost $282000 was sold for $120800 cash. This resulted in a loss of $8200. Assuming that no other assets were disposed of during the year, depreciation expense for 2023 was O $186700. O $194900. $192550. O $203100