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 $47,500. The machine's useful life is estimated at 10 years, or 405,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 34,500 units of product Determine the machine's second-year depreciation using the units-of-production method. Units of auction Depreciatino Choose Nimaraton Choose Denominator Annual Depreciation Expense Depreciation expense per unit 1 Teof Annual Production (unit) Depreciation Expec 2 Determine the machine's second-year depreciation and year end book value under the straight-line method. Straight Line Depreciation Choose Numerator: Choose Denominator Annual Depreciation Expense Depreciation expense 0 Year 2 Depreciation Year ond book value (Year 2)