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 $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 Depreciation Choose Numerator: 1 Choose Denominator: Annual Depreciation Expense Depreciation expense Year 2 Depreciation Year and book value (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 $87,000. The machine's useful life is estimated at 20 years, or 395,000 units of product, with a $8,000 salva During its second year, the machine produces 33,500 units of product. Determine the machine's second-year depreciation using the units-of-production method. Choose Numerator: Units-ofproduction Depreciation Choose Denominator: Annual Depreciation Expenso - Depreciation expense per unit Year Annual Production (units) 2 Depreciation Expense 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 $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 using the double-declining balance method. Double declining balance Depreciation Choose Factors Choose Factor(%) Annual Depreciation Exponse Depreciation expense First year's depreciation Second year's depreciation