Mango Manufacturing has acquired a new machine for $125,000. The machine is expected to have zero salvage value at the end of its useful life, after producing 75,000 units of output. If 15,000 units are produced during the first year of the machine's use, how much depreciation expense will be recorded for the first year of its operation? Question 1 Not yet answered Points out of 1.00 PRE Finish attem P Flag question Time left 1:2 Select one: a. $50,000 b. $15,000 c. $25,000 od. $20,000 e. $100,000 Question 2 Not yet answered Mountain Rescue Inc. reported the following for its most recent fiscal year: revenues of $2,500,000, operating expenses of $1,500,000, acquisition of 5 new snowmobiles $50,000, and depreciation expense of $100,000 Therefore, the company's taxable income is Points out of 1.00 Select one: a. $950,000. P Flag question LALALA