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 $85,400 The machine's useful life is estimated ot 20 years, or 387,000 units of product, with a $4,000 salvage value. During its second yeat, the machine produces 32,700 units of product. Exercise 8-5 (Algo) Units-of-production depreciation LO P1 Determine the machine's sccond-year depreciation using the units-of-production method