Minor Company installs a machine in its factory at the beginning of the year at a cost of $135,000. The machines 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 machines first year depreciation under the straight-line method. Multiple Choice $27,000. $29,025. $25,800. $23,779. $24,000.