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 maghine 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? 5152,500 $135,417 $162.500 $76,250