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Use the following information for the Exercises below. (Algo) The following information applies to the questions displayed below] Ramirez Company installs a computerized manulacturing mochine

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Use the following information for the Exercises below. (Algo) The following information applies to the questions displayed below] Ramirez Company installs a computerized manulacturing mochine in its factory at the beginning of the year at a cost of $81,400. The machine's useful life is estimated at 20 years, or 387,000 units of product, with a $4,000 salvage value. Ouring its second year, the machine produces 32,700 units of product. Exercise 8-4 (Algo) Straight-line depreciation LO P1 Determing the machine's second-year depreclation and year end book value under the stralght-line method

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