5 Part 1 of 3 Required information Use the following information for the Exercises below. [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 $80,600 The machine's useful life is estimated at 10 years, or 388,000 units of product, with a $3,000 salvage value During its second year, the machine produces 32,800 units of product 5.88 points eBook Exercise 10-4 Straight-line depreciation LO P1 Hin Determine the machine's second-year depreciation and year end book value under the straight-line method Pri References Straight Line Depreciation Choose Numerator: Choose Denominator: Annual Depreciation Expense Depreciation expense Year 2 Depreciation Year end book value Year 2