The rate of work done by the applied force is given by:
\[
P = F \cos \theta \cdot v
\]
Substitute values:
\[
F = 500\, \text{N}, \quad \theta = 30^\circ, \quad v = 4\, \text{m/s}
\]
\[
P = 500 \cdot \cos 30^\circ \cdot 4 = 500 \cdot \frac{\sqrt{3}}{2} \cdot 4 = 1000\sqrt{3}
\]
\[
\Rightarrow P \approx 1000 \times 1.732 = 1732\, \text{watts}
\]