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Your Corporation, a calendar-year company, acquired a new machine on january one, Year one. The cost of the machine is $975,000, and the machine has an estimated useful life of 12 years (or 900,000 units of product). The machine has an expected salvage value of $60,000. The machine produced 75,000 units of product in Year one. What is depreciation expense using the double-declining balance for Year one? 5162,500 576,250 $135,417 $152.500