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year end book value (Year2) Its not 51320 pls need help. no one seems to get it right Savod Required information The following information applies

year end book value (Year2) Its not 51320 pls need help. no one seems to get it right image text in transcribed
Savod Required information 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 $48,400. The machine's useful life is estimated at 10 years, or 394.000 units of product, with a $9,000 salvage value During its second year, the machine produces 33,400 units of product. Determine the machine's second-year depreciation and year end book value under the straight-line method. Straight Line Depreciation Choose Numerator: Cheese Denominator: Annual Depreciation Expense Cost minus salvage Estimated useful life (years) = Depreciation expense $ 39.400/ 10 = 3,940 Year 2 Depreciation $ 3,940 Year end book value (Year 2)

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