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Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $80,600. The machine's useful life

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Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $80,600. The machine's useful life is estimated at 10 years, or 388,000 units of product, with a $3,000 salvage value. During its second year, the machine produces 32,800 units of product.

Determine the machine's second-year depreciation and year end book value under the straight-line method.

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\fDetermine the machine's secondyear depreciation using the unitsofproduction method- Determine the machine's secondyear depreciation using the double-declining-balance method. Depreciation expense First year's depreciation Second year's depreciation

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