Question: On January 1 , 2 0 2 4 , Tyson Manufacturing Corporation purchased a machine for $ 4 1 , 5 0 0 , 0

On January 1,2024, Tyson Manufacturing Corporation purchased a machine for $41,500,000. Tyson's management expects to use the machine for 27,000 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 3,800 hours in 2024 and 5,400 hours in 2025. What is the depreciation expense for 2024 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.)
A. $5,835,128
B. $8,292,024
C. $5,840,752
D. $13,833,333
On January 1 , 2 0 2 4 , Tyson Manufacturing

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