Required information Use the following information for the Exercises below. [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 $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 ant ene Exercise 8-4 Straight-line depreciation LO P1 Determine the machine's second-year depreciation and year end book value under the straight-line method. Batoht:Line. Desercitation Annual Depreciation Choose Numerator Choose Denominator Expense Costminus salvage Estimated useful fereas) Depreciation experise 5 80.400 4,020 Year 2 Depreciation Year and book value Year 2) 20 $