[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 $84,600. The machine's useful life is estimated at 20 years, or 393,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 33,300 units of product. (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 $84,600. The machine's useful life is estimated at 20 years, or 393,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 33,300 units of product. Exercise 8-5 Units-of-production depreciation LO P1 Determine the machine's second-year depreciation using the units of production method. & Answer is complete but not entirely correct. = Choose Numerator: Cost minus salvage 78,600 Annual Production (units) 33,300 Units-of-production Depreciation I Choose Denominator: Total units of production 393,000 Depreciation Expense 6,600 Annual Depreciation Expense Depreciation expense per unit 020 Year