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 $86,800. The machine's useful life is estimated at 20 years, or 404,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 34,400 units of product. Determine the machine's second-year depreciation and year end book value under the straight-line method. Answer is not complete. Straight-Line Depreciation Choose Numerator: Choose Denominator: = Annual Depreciation Expense Estimated useful life (years) 20 = Cost minus salvage $ 4,040 X 7 Year 2 Depreciation Year end book value (Year 2) Depreciation expense 202 78,720 X $ ! 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 $86,800. The machine's useful life is estimated at 20 years, or 404,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 34,400 units of product. Determine the machine's second-year depreciation using the units-of-production method. Choose Numerator: 1 Units-of-production Depreciation Choose Denominator: Annual Depreciation Expense Depreciation expense per unit 0 Annual Production (units) Depreciation Expense = Year Year 2 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 $86,800. The machine's useful life is estimated at 20 years, or 404,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 34,400 units of product. Determine the machine's second-year depreciation using the double-declining-balance method. Double-declining-balance Depreciation Choose Factors: Choose Factor(%) X = Annual Depreciation Expense Depreciation expense X = = First year's depreciation Second year's depreciation =