Multiple Choice Question On Janu. year 1, Roark Corp purchased equipment for $120,000. The equipment has a residual value of $20,000, and has a life of 1,000,000 hours, Roark uses the units-of-production method of depreciation. In year 1, Roark used the machine 30,000 hours, and in year 2, Roark used the machine 50,000 hours. What is the depreciation expense for year 2? O $5,000 $6,000 O $3,000 O $8,000