On the first day of the fiscal year, Alpha Corporation purchased a machine with a cost of $65.000. The machine, which will be installed in Alpha Corporation's operating plant has an estimated salvage value of $5,000 and an estimated life of 5 years or 15,000 hours. During the first year, the machine was operated for 5,000 hours. During the second year the machine was operated for 7,500 hours. The machine is to be depreciated by the straight-line method. What is the amount of depreciation for the first full year? Question 524.000 $12.000 511000 526.000