On January 1st, 2021, Element Fire Doors purchased an additional welding machinery. The machinery cost $150,000 and has an estimated residual value of $24,000. The machinery is expected to be used for 30,000 working hours during its 10-year life. Assume a 30th June year- end. What is the carrying value of the machine at the end of 2022 financial year if the company uses the units of production method, assuming the machine was used 1500 hours in 2021 and 3000 hours in 2022?