$3$

Part $2$ of $3$

Required information

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Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $$49,100.$ The machine's useful life is estimated at $10$ years, or $401,000$ units of product, with a $$9,000$ salvage value.

$02$:$21$:$06$

During its second year, the machine produces $34,100$ units of product.

Determine the machine's second$-$year depreciation using the units$-$of$-$production method.

$\backslash$table$[[$Units$-$of$-$production Depreciation$],[$Choose Numerator:,$1,$Choose Denominator:,$=,$Annual Depreciation Expense$],[,1,,=,$Depreciation expense per unit$],[,1,,=,],[$Year$,$Annual Production $($units$),,$Depreciation Expense,$],[$Year $2,,,,]]$