Toms Topiaries owns machinery for moving and delivering plants to its customers. The recorded cost of the machinery is $45,000. It is estimated that the machinery will be able to move 120,000 plants over its life. The company depreciates the machinery using units-of-production depreciation over a useful life of twelve years and an estimated residual value of $4,000. In the first year of operation, the machinery moved and delivered 11,000 plants. The amount that will be charged for this years depreciation will be

$3,758.

$3,417.

$4,125.

$3,000.