Required information The following information applies to the questions displayed belowJ Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $85,400. The machine's useful life is estimated at 20 years, or 402.000 units of product, with a $5,000 salvage value. During its second year, the machine produces 34,200 units of product. Determine the machine's second-year depreciation using the units-of production method. Units-of-production Depreciation Choose Denominator: Choose Numerator Annual Depreciation Expense -Depreciation expense per unit Year 2 Annual Production (units) Depreciation Expense