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please show work! and read question carefully because none of the other answers on here seemed to be right. thanks! Required information Use the following

please show work! and read question carefully because none of the other answers on here seemed to be right. thanks! image text in transcribed
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 $43,500. The machine's useful life is estimated at 10 years, or 385,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 32,500 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 Denominator: Estimated useful life (years) Cost minus salvage S 38,500 Year 2 Depreciation Year end book value (Year 2) Annual Depreciation Expense Depreciation expense $ 3,850 10 6,960 $

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