7. Minor Company installs a machine in its factory at the beginning of the year at a cost of $135,000. The machine's useful life is estimated to be 5 years, or 300,000 units of product, with a $15,000 salvage value. During its first year, the machine produces 64,500 units of product. Determine the machine's second year depreciation expense, total accumulated depreciation, and book value under the straight-line method. 1. Depreciation expense 2. Accumulated Depreciation 3. Book value