Feng Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $42,300. The machines useful life is estimated at 10 years, or 363,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 35,000 units of product.

Determine the machines second-year depreciation using the units-of-production method.

Feng Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $42,300. The machine½s useful life is estimated at 10 years, or 363,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 35,000 units of product.Determine the machine½s second-year depreciation using the units-of-production method