e < AA 8 Chapter 8 Quiz 1 Part 1 of 3 eBook Required information ezto.mheducation.com Saved Help Save & Exit Submit [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 $83,600. The machine's useful life is estimated at 20 years, or 398,000 units of product, with a $4.000 salvage value. During its second year, the machine produces 33,800 units of product. Determine the machine's second-year depreciation and year end book value under the straight-line method. Straight-Line Depreciation Choose Numerator: Choose Denominator: Annual Depreciation Expense Cost minus salvage Estimated useful life (years) Depreciation expense 0 Year 2 Depreciation Year end book value (Year 2) Determine the machine's second-year depreciation using the units-of-production method. Choose Numerator: Units-of-production Depreciation Choose Denominator: Annual Depreciation Expense Depreciation expense per unit Year Year 2 Annual Production (units) Depreciation Expense Determine the machine's second-year depreciation using the double-declining-balance method. Double-declining-balance Depreciation First year's depreciation Second year's depreciation Choose Factors: Choose Factor(%) Annual Depreciation Expense Depreciation expense