Required information [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 $84,200. The machine's useful life is estimated at 20 years, or 391,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 33,100 units of product. Determine the machine's second-year depreciation and year end book value under the straight-line method. Answer is complete and correct. Straight-Line Depreciation Choose Numerator: Choose Denominator: Annual Depreciation Expense Cost minus salvage Estimated useful life (years) Depreciation expense 78,200 20= $ 3,910 Year 2 Depreciation $ 3,910 Year end book value (Year 2) $ 76,380 Required information [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 $84,200. The machine's useful life is estimated at 20 years, or 391,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 33,100 units of product. Determine the machine's second-year depreciation using the units-of-production method. Units-of-production Depreciation Choose Denominator: Estimated Useful life (years) Choose Numerator: Cost minus salvage Annual Depreciation Expense Depreciation expense per unit $ 78,200/ 20- 3,910.00 Year Year 2 Annual Production (units) Depreciation Expense 3,910 Required information [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 $84,200. The machine's useful life is estimated at 20 years, or 391,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 33,100 units of product. Determine the machine's second-year depreciation using the double-declining-balance method. Double-declining-balance Depreciation Choose Factors: Beginning book value First year's depreciation- Second year's depreciation Annual Depreciation Expense: Choose Factor(%) Estimated useful life (years) Depreciation expense