Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $81,400. The machine's useful life is estimated at 20 years, or 387,000 units of product, with a $4,000 salvage value. During its second year, the machine produces 32,700 units of product.

Part 1Determine the machines second-year depreciation and year end book value under the straight-line method

Part 2 Determine the machines second-year depreciation using the double-declining-balance method

Determine the machine's second-year depreciation and year end book value under the straight-line method Straight-Line Depreciation Choose Numerator: 7 Choose Denominator: IE Annual Depreciation Expense dos minussalvage Estimated units of production Depreciation expense 0 Year 2 Depreciation Year end book value (Year 2) Double the SL rate Estimated units of production Estimated useful life (years) Determine the machine's second-year depreclation using the double-decllning-balance method. Double declining-balance Depreciation Choose Factos: Choose Factor(%) Annual Depreciation Expense Depreciation expense 20 First year's depreciation Second yest's depreciation 2