Chech 4 Required information [The following information applies to the questions displayed below.] t 1 of 3 Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $85,400. The machine's useful life is estimated at 20 years, or 402,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 34,200 units of product. hits Determine the machine's second-year depreciation and year end book value under the straight-line method. eBook Straight-Line Depreciation Hint Choose Numerator: Choose Denominator: Annual Depreciation Expense Print eferences Estimated useful life (years) 80,400 / 20 Cost minus salvage $ Year 2 Depreciation Year end book value (Year 2) Depreciation expense $ 4,020 6,840 $