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 using: a Units of production method b. Double declining method c. Straight line method Sales Journal Date Account DR Invoice PR AR DR/ Sales CR COGS DRventory CR Cash Receipts Journal Date Account Explanation PR Cash Sales ARCR Sales Other COGS DR/ CR DR Discount CR Accounts CR Inventory DR CR