Required information Archie Co purchased a framing machine for $45,000 on January 1, 2021. The machine is expected to have a four-year life, with a residual value of $5,000 at the end of four years. During the four year period, the company expects the machine to produce 80,000 units of output. Actual production units for the 4 years is shown below: Year Actual Output 2021 32,000 2022 20,000 2023 17,000 2024 15,000 Using the units-of-production method, depreciation for 2021 would be (rounded to the nearest dollar)