Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $156,000. The machine's useful life is estimated to be 5 years, or 180,000 units of product, with a $4,000 salvage value. During its second year, the machine produces 28,800 units of product. Determine the machines' second year depreciation under the straight-line method.

Multiple Choice

$32,000.

$24,320.

$30,400.

$31,200.

$24,960.