O Required information Use the following information for the Exercises below. 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 $86,200. The machine's useful life is estimated at 10 years, or 396,000 units of product, with a $7.000 salvage value. During its second year, the machine produces 33,600 units of product Exercise 8-4 Straight-line depreciation LO P1 Determine the machine's second-year depreciation and year end book value under the straight-line method Straight-Line Depreciation Choose Numerator: Choose enominator Annual Depreciation Expense Depreciation expense Costminus salvage Estimated useful life (years) 0 7.920 Yoat 2 Depreciation Year ond book value (Year 21 Required information Use the following information for the Exercises below. [The following information applles 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 $86,200. The machine's useful life is estimated at 10 years or 396,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 33,600 units of product. Exercise 8-5 Units-of-production depreciation LO P1 Determine the machine's second year depreciation using the units of production method. Units of production Depreciation Choone Denominator Choone Numerator Annual Depreciation Expanse Depreciation expenso per unit 0 Depreciation Expense Year Annual Production (units) 2 Required information Use the following information for the Exercises below. [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 $86,200. The machine's useful life is estimated at 10 years, or 396,000 units of product, with a $7,000 salvage value During its second year, the machine produces 33,600 units of product Exercise 8-6 Double-declining balance depreciation LO P1 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 First year's depreciation Second year's depreciation