On January 1, 2019, Ivey Company Purchased a Bottle-Capping Machine

Multiple Choice

On January 1, 2019, Ivey Company purchased a bottle-capping machine for $160,000. During its useful life, the company expects that the machine will cap 1,500,000 bottles. The machine's expected salvage value is $10,000. During 2019, the machine capped 250,000 bottles and during 2020, the machine capped 300,000 bottles.
Assuming units-of-production depreciation, 2020 depreciation expense is:

A) $25,000
B) $26,666
C) $30,000
D) $32,000