Useful Inc. purchased equipment on Jan 1 , year 207 costing $900,000 and expected a six year useful life and salvage value of $88,000. They expect the machine to have a useful life of 40,000 hours of use. Using units of production method of depreciation, what is the accumulated depreciation at the end of 208 (second year)? Actual hours used were 6,000 in 207 and 3,000 in 208