and Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $154,000 The machine's useful life is estimated to be 5 years, or 370,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 59.200 units of product. Determine the machines' second year depreciation under th not round intermediate calculations.) Wickl e units-of-production method (Do Merchant Company purchased property for a building site. The costs associated with the property were Purchase price Real estate commissions Legal fees Expenses of clearing the land 194,000 16,900 2,700 3,900 2,900 s Expenses to remove old building What portion of these costs should be allocated to the cost of the land and what portion should be allocated to the cost of the new building