Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $62,000. The machine's useful life is estimated at 5 years, or 450,000 units of product, with a $12,500 salvage value. During its second year, the machine produces 76,000 units of product. Determine the machines second-year depreciation using the units-of-production method.