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. Determine the machines' first year depreciation under the straight-line method.
A. $24,000.
B. $23,779.
C. $29,025.
D. $25,800.
E. $27,000.
Answer: A
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A. 0. B. 0.5. C. 0.57. D. 1.0.
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Fill in the blank(s) with the appropriate word(s).