[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 $47500. The machine's useful life is estimated at 10 years, or 405,000 units of product, with a $7000 salvage value During its second year, the machine produces 34,500 units of product. Determine the machine's second-year depreciation using the units-of-production method. production Depreciation Ch Choose Denominator: Annual Depreciation Expense Depreciation expense per unit otal units of production 40,500/ 405,000$ 0.10 De iation Expense 2 34,500 NewTech purchases computer equipment for $264,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $28,000. Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation. Straight-Lin Choose Numerator: Choose Denominator: |=Annual Depreciation Expense Annual Depreciation Year-End Book Valu Year 1 Year 3