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On January 1, 2024, Tyson Manufacturing Company purchased a machine for $40.400.000 Tyson's management expects to use the machine for 24,000 hours over the next

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On January 1, 2024, Tyson Manufacturing Company purchased a machine for $40.400.000 Tyson's management expects to use the machine for 24,000 hours over the next six years. The estimated residual value of the machine at the end of the sixth year is $41,000 The machine was used for 4, 300 hours in 2024 and 6,000 hours in 2025. What is the depreciation expense for 2024 if the company 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 $10,089.780 OB. 57 238 319 OC. $13.466 667 OD 57 231,009

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