Ace Company Purchased a Machine Valued at $320,000 on August

Ace Company purchased a machine valued at $320,000 on August 1.The equipment has an estimated useful life of five years or 2.5 million units.The equipment is estimated to have a salvage value of $8,200.Assuming the straight-line method of depreciation,what is the amount of depreciation expense that needs to be recorded at the end of the first year if 710,000 units were produced?

A) $64,000
B) $76,800
C) $62,360
D) $25,983
E) $106,667