At the beginning of the year, Goldenrod Corporation bought a shed, a machine, and a trailer.
The shed initially cost $20,800 but had to be renovated at a cost of $640. The shed was expected to last 7 years, with a residual value of $1,700. Repairs costing $460 were incurred at the end of the first year of use.
The machine cost $11,500, and is estimated to have a total life of 40,000 hours and residual value of $900. The machine was actually used 2,000 hours in year 1 and 4,000 hours in year 2.
The trailer cost $11,800 and was expected to last 4 years, with a residual value of $2,000.
Compute year 2 units-of-production depreciation expense for the machine. (Do not round intermediate calculations.)