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 $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. Straight-Line Depreciation Choose Numerator: |/ Choose Denominator: Annual Depreciation Expense = Depreciation expense 0 Year 2 Depreciation Year end book value (Year 2)Ramirez Company installs a computerized manufacturing machine in its factory at the beginning crithe year at a cost of $45,900. The machine's useful life is estimated at10 years, or 339,000 units of product, with a $1000 salvage value. During its second year, the machine produces 32,900 units of product. Determine the machine's secondyear depreciation using the unitsofproduction method