F 70252Fims.mheducation.com%252... 12 Finance Basics Assignment Saved Help Save & Ch [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 $86,800. The machine's useful life is estimated at 20 years, or 404,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 34,400 units of product. Determine the machine's second-year depreciation using the units-of-production method. Units-of-production Depreciation Choose Numerator: Choose Denominator: = Annual Depreciation Expense = Depreciation expense per unit 0 Year Annual Production (units) Depreciation Expense Year 2 $ 6,540 70OF DESK O N W to searchx Lu Homework: Finance Basics Assign X Question 6 - Homework: Finance X G https://www.google.com/search x + heducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252... [ X Finance Basics Assignment i Saved Help Save & Exit Sub Check my wor Required information [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 $86,800. The machine's useful life is estimated at 20 years, or 404,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 34,400 units of product. Determine the machine's second-year depreciation using the double-declining-balance method. Double-declining-balance Depreciation Annual Depreciation Choose Factors: Choose Factor(%) = Expense = Depreciation expense First year's depreciation ces Second year's depreciation N DESK O 70OF e to search O o wlance Basics Assignment i Saved Help Save & Exit Check NewTech purchases computer equipment for $255,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $20,000. of 2 Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation. Straight-Line Depreciation Choose Numerator: 1 Choose Denominator: = Annual Depreciation Expense Book - Depreciation expense 11 Hint Year Annual Depreciation Year-End Book Value Print Year 1 ferences Year 2 Year 3 Year 4 Total aw W HELP O 70OF ~ 2 6 5) here to search O o DESKon=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252... [ X work: Finance Basics Assignment i Saved Help Save & Exit Sub Check my work NewTech purchases computer equipment for $255,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $20,000. of 2 Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation. (Enter all amounts as positive values.) Depreciation for the Period End of Period Year Beginning-Year Depreciation Annual Accumulated Year-End Book Book Value Rate Depreciation Depreciation Book Value Hint Year 1 Year 2 Print Year 3 erences Year 4 Tota W 10:0 HELP O 70OF ~(4) 8/29/ N DESK O here to search P