Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of

$$49,100.$ The machine's useful life is estimated at $10$ years, or $401,000$ units of product, with a $$9,000$ salvage value.

During its second year, the machine produces $34,100$ units of product.

Exercise $8-5($Algo$)$ Units$-$of$-$production depreciation LO P$1$

$1.$ Determine the machine's second$-$year depreciation using the units$-$of$-$production method.

$2.$ Determine the machine$$s second$-$year depreciation using the double$-$declining$-$balance method.