* On January 1, Year 1, an entity acquires a new machine with an estimated useful life of 10 years for $150,000. The machine has an electrical motor that must be replaced every 5 years at an estimated cost of $10,000. Continued operation of the machine requires an inspection every 2 years after purchase; the inspection cost is $5,000. The company uses the straight-line method of depreciation. What is the depreciation expense for Year 1 under IFRS? O $10,000 $5,000 $18,000 O $15,000