Exercise 8-4 Straight-line depreciation LO P1 Ramirez Company instalils a computerized manufacturing machine in its factory at the beginning of the year at a cost of $101,800. The machine's usefut ife is estimated at 10 years, or 299,000 units of product, with a $14,400 salvage value. During its second year, the machins produces 28,600 units of product Determine the machine's second-year depreciation and year end book value under the straight-line method. Annual Depreciation Expense Choose Numerator:C Choose Denominator: = Cost minus salvage Depreciation expense 2 Depreciation end book value (Year 2 References eBook & Resources Worksheet Difficulty: 2 Medium Learning Objective: 08-P1 Compute and record depreciation using the straight-line, units-of production, and declining- balance methods Exercise 8-4 Straight- line depreciation LO P1