Question 23 3 pts The company purchased a machine with an estimated life of 30,000 hours. The price of the machine was $200,000. The company had to pay shipping ($5,000) and installation costs ($3,000). The residual value is estimated to be $13,000. If the machine was used for 100 hours during the month, what is the depreciation expense for the month using the units-of-production method? $623 $667 $640 $650