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( 1 ) Required information Use the following information for the Exercises below. ( Static ) [ The following information applies to the questions displayed

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(1)
Required information
Use the following information for the Exercises below. (Static)
[The following information applies to the questions displayed below.]
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $43,500. The machine's useful life is estimated at 10 years, or 385,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 32,500 units of product.
Exercise 10-5(Static) Units-of-production depreciation LO P1
Determine the machine's second-year depreciation using the units-of-production method.
\table[[Units-of-production Depreciation],[Chor,,1,Choose Denominator:,=,Annual Depreciation Expense],[Cost,,1,Total units of production,=,Depreciation expense per unit],[$,43,500,1,,=,],[Year,,Annual Production (units),Depreciation Expense],[,,,,,]]
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