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 $$47,500.$ The machine's useful life is estimated at $10$ years, or $405,000$ units of product, with a $$7,000$ salvage value. During its second year, the machine produces $34,500$ units of product.

Exercise $10-4($Algo$)$ Straight$-$line depreciation LO P$1$

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

$\backslash$table$[[$Straight$-$Line Depreciation,,$],[$Choose Numerator:,Choose Denominator:,$=,\backslash$table$[[$Annual Depreciation$],[$Expense$]],],[,,,=,$Depreciation expense$],[,,,=,],[,,,,],[$Year $2$ Depreciation,,,,$],[$Year end book value $($Year $2),,,,]]$