ts On January 1, 2018, Tyson Manufacturing Corporation purchased a machine for $40,100,000. Tyson's management expects to use the machine for 25,000 hours over the next six years. The estimated residual value of the machine at the end of the sixth year is $40,000. The machine was used for 4,600 hours in 2018 and 5,200 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.) work /Test OA $13,366667 OB. $7,378,400 OC. $7,371,040 D. $8,332,480