A Company Purchased a Rope-Braiding Machine for $190,000

Multiple Choice

A company purchased a rope-braiding machine for $190,000.The machine has a useful life of eight years and a residual value of $10,000.It is estimated that the machine could produce 750,000 units of climbing rope over its useful life.In the first year,105,000 units were produced.In the second year,production increased to 109,000 units.Using the units-of-production method,what is the amount of depreciation that should be recorded for the second year?

A) $25,200
B) $26,160
C) $26,660
D) $27,613
E) $53,160