Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $$44,200.$ The machine's useful life is estimated at $10$ years, or $392,000$ units of product, with a $$5,000$ salvage value. During its second year, the machine produces $33,200$ units of product.

Exercise $8-4($Algo$)$ Straight$-$line depreciation LO P$1$

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

$\backslash$table$[[$Straight$-$Line Depreciation$],[$Choose Numerator:,I,Choose Denominator:,$=,\backslash$table$[[$Annual Depreciation$],[$Expense$]]],[,1,$Z$,=,$Depreciation expense$],[,1,5,=,],[$Year $2$ Depreciation$],[$Year end book value $($Year $2),,,,]]$