Required information

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

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Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of

$$43,500.$ The machine's useful life is estimated at $10$ years, or $385,000$ units of product, with a $$5,000$ salvage value.

During its second year, the machine produces $32,500$ units of product.

Exercise $8-4($Static$)$ Straight$-$line depreciation LO P$1$

Determine the machine's second$-$year depreciation and year end book value under the straight$-$line method.