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Question 25 (5 points) 25) On January 1, 2024. Tyson Manufacturing Corporation purchased a machine for $40,100,000. Tyson's management expects to use the machine for

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Question 25 (5 points) 25) On January 1, 2024. Tyson Manufacturing Corporation purchased a machine for $40,100,000. Tyson's management expects to use the machine for 25,000 hours over the next six years. The estimated residual value of the machine at the end of the sixth year is $44,000. The machine was used for 4.200 hours in 2014 and 5.300 hours in 2025. What is the depreciation expense for 2024 if the corporation uses the units-of-production method of depreciation? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) D) $6,014,988 OC) $7,582,021 OA) $6,008,394 B) $13,366,667 Question 26 (15 points) 26) The cost of an asset is $1,190,000, and its residual value is $260,000. Estimated useful life of the ascet is eight years. Calculate depreciation for the second year using the double-declining-balance method of depreciation OA) $148,750 D) $223,125 OC) $232,500

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