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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 the beginning of

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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 the beginning of the year at a cost of $83,600. The machine's useful life is estimated at 20 years, or 398,000 units of product, with a $4,000 salvage value. During its second year, the machine produces 33,800 units of product Determine the machine's second-year depreciation and year end book value under the straight-line method. Answer is complete but not entirely correct. Choose Denominator Straight Line Depreciation Choose Numerator Cost minus salvage $ 79,600 Year 2 Depreciation Year end book value (Year 2) Annual Depreciation Expense Depreciation expense $ 0 1 Estimated units of production 398,000 $ 33,800 6,760

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