Question 4 (1 point) Herasa Manufacturing purchased a new machine on Jan 1, 20x1 that was built to perform one function on its assembly line. Data pertaining to this new machine are: Cost $560,000 Residual value (salvage) $16,000 Estimated service life 12 years Production output 200,000 units Using double declining method, what is the first year's depreciation expense? Enter your response rounded to whole numbers, no commas and no dollar signs. Your