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 $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 Straight-line depreciation LO P1 Determine the machine's second-year depreciation and year end book value under the straight-line method Straight Line Depreciation Annual Depreciation Expense Choose Denominator: Choose Numerator: Depreciation expense Double the SL rate Beginning book valuer 0 Year 2 Depreciation Year end book value (Year 2)