A Company Purchased a Weaving Machine for $190,000

Multiple Choice

A company purchased a weaving machine for $190,000. The machine has a useful life of 8 years and a salvage value of $10,000. It is estimated that the machine could produce 75,000 bolts of woven fabric over its useful life. In the first year, 15,000 bolts were produced. Using the units-of-production method, what is the amount of accumulated depreciation at the end of the first year?

A) $36,000.
B) $38,000.
C) $144,000.
D) $152,000.
E) $154,000.