Required information Use the following information for the Exercises below. (Algo) [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 $45,900. The machine's useful life is estimated at 10 years, or 389.000 units of product, with a $7000 salvage value During its second year, the machine produces 32,900 units of product Exercise 8.4 (Algo) Straight-line depreciation LO P1 Determine the machine's second year depreciation and year end book value under the straight line method Straight Line Deneciation Choose Numerator: Choose Denominator Annual Depreciation Expense Depreciation expense Costminus salvage Estimated useful le tyears) Year 2 Depreciation Year end book value (Year 2