5 Part 2 of 3 6.66 points eBook. Hint Required information [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 $47,000. The machine's useful life is estimated at 10 years, or 390,000 units of product, with a $8,000 salvage value. During its second year, the machine produces 33,000 units of product. Determine the machine's second-year depreciation using the units-of-production method 4 Choose Numerator: Cost minus salvage $ 8,000/ Units of production Depreciation Choose Denominator: Total units of production B Annual Depreciation Expense Depreciation expense per unit $ 0.02 390,000 Depreciation Expense 33,000 $ 8,000 Year Annual Production (units) References 2