Question Content Area

A machine with a cost of $$78,250$ has an estimated residual value of $$5,058$ and an estimated life of $3$ years or $15,972$ hours. It is to be depreciated by the units$-$of$-$activity method. What is the amount of depreciation for the second full year, during which the machine was used $3,042$ hours? Do not round your intermediate calculations.

a$.$ $$13,940\mathrm{.}02$

b$.$ $$14,903\mathrm{.}36$

c$.$ $$48,794\mathrm{.}67$

d$.$ $$24,397\mathrm{.}33$