Minor Company Installs a Machine in Its Factory at the Beginning

Multiple Choice

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) $27,000.
B) $23,779.
C) $25,800.
D) $29,025.
E) $24,000.