Use the following information for the Exercises below. Lihe 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 $85,400. The machine's useful life is estimated at 20 years, or 402,000 units of product, with a $5,000 salvage value, During its second year, the machine produces 34,200 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. Units of production Depreciation Choose Denominator: Choose Numerators ces Annual Depreciation Expenso Depreciation expense per unit 0 Depreciation Expense Year Annual Production (units) 2