Determine the machine's second-year depreciation and year end book value under the straight-line method.

Required information {The following infantile-lion 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 $41500. The machine's useful life is estimated at 10 years. or 405,000 units of product, with a $7,000 salvage value. During its second year. the machine produces 34.500 units of product. Determine the machine's second-year depreciation and year end book value under the straight-line method