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This Question: 6 pts 9 of 20 (18 complete) This Test: 100 pts possible On January 1, 2018, Tyson Manufacturing Corporation purchased a machine for

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This Question: 6 pts 9 of 20 (18 complete) This Test: 100 pts possible On January 1, 2018, Tyson Manufacturing Corporation purchased a machine for $40.400,000. Tyson's management expects to use the machine for 27,000 hours over the next six years. The estimated residual value of the machine at the end of the sixth year is $45,000. The machine was used for 4,300 hours in 2018 and 5,000 hours in 2019. What is the depreciation expense for 2018 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.) O A. $6,426,909 O B. $7,473,150 O c. $6,434,090 OD. $13,466,667

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