Exercise 8-4 Straight-line depreciation LO P1 Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $98,700. The machine's useful life is estimated at 10 years, or 334,000 units of product, with a $14,000 salvage value. During its second year, the machine produces 32,100 units of product. Determine the machine's second-year depreciation and year end book value under the straight-line method. Straight-Line Depreciation Annual Depreciation Expense Choose Numerator: Choose Denominator: = Depreciation expense Year 2 Depreciation Year end book value (Year 2)