A business purchased an asset that had a total cost of 125,000 and a residual value of 5,000. The asset is expected to service the business for a period of 5 years or produce a total of 500,000 units. The machine was purchased on January 1^st of the current year and has been in service one complete year

If the asset produces 150,000 units in year 1 and 125,000 units in year two what is the book value of the asset at the end of year two using the units of production method?