Return to question 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 $47,500. The machine's useful life is estimated at 10 years, or 405,000 units of product, with a $7.000 salvage value. During its second year, the machine produces 34,500 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. Answer is not complete. StraightLine Depreciation Choose Numerator: Choose Denominator: Annual Depreciation Expense Depreciation expense s 0 Estimated useful life (years) 405,000 Cost minus salvage 40,500 Year 2 Depreciation Year end book value (Year 2)