On January $4,2022,$ Green LTD acquired equipment for $$160,000.$ The estimated life of the equipment is $4$ years or $42,500$ hours. The estimated residual value is $$10,000.$ What is the depreciation for $2022,$ if Green LTD uses the asset $14,100$ hours and uses the units$-$of$-$production method of depreciation?

On January $4,2022,$ Green LTD acquired equipment for $$160,000.$ The estimated life of the equipment is $4$ years or $42,500$ hours. The estimated residual value is $$10,000.$ What is the depreciation for $2022,$ if Green LTD uses the asset $14,100$ hours and uses the units$-$of$-$production method of depreciation?

$$49,765$

$$56,400$

$$59,717$

$$170,000$