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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

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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. Determine the machine's second-year depreciation under the (1) straight-line. (2) units-of-production, and (3) double-declining-balance methods. Depreciation methods L04 Check (3) $6, 960

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