TB MC Qu. 154 (Static) Minor Company installs a machine... 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 m first year, the machine produces 64,500 units of product. What journal entry would be needed to record the machine's first year depreciation under the units-of-production method Mutiple Choice O O Det Depreciation Experse $29025, creat Accumulated Depreciation 2025 Detit Amartation Expense $24000 credt Accumulated Amortization $24,000 Datit Degleton Expense $29029;credit Accumulated Depletion $29025 Debit Depreciation Expense $25.800, credt Accumuined Depreciation $25,800 1 Debt Depletion Expense $25,800 cet Accumulated Depetion $25.00