Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $70,000. The machine's useful life is estimated at 10 years, or 440,000 units of product, with a $8,400 salvage value. During its second year, the machine produces 59,000 units of product.

Determine the machines second-year depreciation using the units-of-production method. Units-of-production Depreciation Choose Numerator / Choose Denominator = Annual Depreciation Expense _______________ / _________________ = Depreciation expence per unit Year Annual Production (Units) Depreciation Expense 2 _____________________ _________________