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! Required information [ The following information applies to the questions displayed below. ] Ramirez Company installs a computerized manufacturing machine in its factory at

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[The following information applies to the questions displayed below.]
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $45,900. The machine's useful life is estimated at 10 years, or 389,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 32,900 units of product.
Determine the machine's second-year depreciation and year end book value under the straight-line method.
\table[[,,Straight-Line Depreciation,,,],[Choose Numerator:,1,Choose Denominator:,=,\table[[Annual Depreciation],[Expense]],],[,1,,=,Depreciation expense,],[-,1,,=,,0],[Year 2 Depreciation,,,,,],[Year end book value (Year 2),,,,,]]
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