Help Save & EXIT Submit Check my work 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 $87,000. The machine's useful life is estimated at 20 years, or 395,000 units of product, with a $8,000 salvage value. During its second year, the machine produces 33,500 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 expenso 0 Year 2 Depreciation Year end book value (Year 2) check my 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 $87,000. The machine's useful life is estimated at 20 years, or 395,000 units of product, with a $8,000 salvage value. During its second year, the machine produces 33,500 units of product. Determine the machine's second-year depreciation using the units-of-production method. Units-of-production Depreciation Choose Denominator: Chooso Numerator: Annual Depreciation Expense Depreciation expense per unit Depreciation Expense Year Annual Production (units) 2 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 $87,000. The machine's useful life is estimated at 20 years, or 395,000 units of product, with a $8,000 salvage value. During its second year, the machine produces 33,500 units of product. Determine the machine's second-year depreciation using the double-declining balance method. Double-declining balance Depreciation Choose Factors: Choose Factor('%) Annual Depreciation Expense Depreciation expense X E First year's depreciation Second year's depreciation x x x