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Straight Line Deprication.

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

$$84,200.$ The machine's useful life is estimated at $20$ years, or $391,000$ units of product, with a $$6,000$ salvage value.

During its second year, the machine produces $33,100$ units of product.

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

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