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straight-line depriciation lo p1 Required information Use the following information for the Exercises below. The following information applies to the questions displayed below.) Ramirez Company

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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 10-4 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. StralohtLine. Depreciation Choose Numerator Choose Denominator Annual Depreciation Expense Depreciation expense 5 3,850 Cost minus salvago S 38,500 Yoar 2 Depreciation Year ond book value Yon 2) Estimated useful life yours) 10 32.500 $

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