Minor Company installs a machine in its factory at the beginning of the yeat 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 selvage value. During its first year, the machine produces 64.500 units of product Determine the machine's first year depreciation under the straight line method Multiple Choice $24,000 $29.025 $23.779 $27.000 $25 800