Required information

Use the following information for the Exercises below. $($Algo$)$

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Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $$84,200.$ The machine's useful life is estimated at $10$ years, or $386,000$ units of product, with a $$7,000$ salvage value. During its second year, the machine produces $32,600$ units of product.

Exercise $8-5($Algo$)$ Units$-$of$-$production depreciation LO P$1$

Determine the machine's second$-$year depreciation using the units$-$of$-$production method.

$\backslash$table$[[$Units$-$of$-$production Depreciation$],[$Choose Numerator:,Choose Denominator:,$=,$Annual Depreciation Expense,$],[,,,=,$Depreciation expense per unit$],[,,,=,],[$Year$,$Annual Production $($units$),,$Depreciation Expense,$],[$Year $2,,,,]]$