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Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $87,000. The machine's useful life is estimated at 20 years, or 395,000 units of product, with a $8,000 salvage value. During its second year, the machine produces 33,500 units of product.

Determine the machine's second-year depreciation and year end book value under the straight-line method.

Straight-Line DepreciationChoose Numerator:/Choose Denominator:=Annual Depreciation ExpenseCost minus salvageselected answer correct

/Estimated useful life (years)selected answer correct

=Depreciation expense$

79,000selected answer correct

/20selected answer correct

=$

3,950Year 2 Depreciation$

3,950selected answer correct

Year end book value (Year 2) ???

I am not understanding how to get the 2nd year end book value