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. What journal entry would be needed to record the machines' first year depreciation under the units-of-production method? Debit Depletion Expense $25,800; credit Accumulated Depletion $25,800 Debit Depletion Expense \$29,025; credit Accumutated Depletion \$29.025. Debit Depreciation Expense $29.025; credit Accumulated Depreciation $29.025 Debit Depreciation Expense \$25,800; credit Accumulated Depreciation $25,800. Debit Amortization Expense $24,000; crodit Accumulated Amortization $24,000