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 first year depreciation under the double-declining-balance method. Multiple Choice $66,000 $54,000 $24,000 $48,000