Assignment Help Save & Exht A company purchased a weaving machine for $332,970. The machine has a useful life of 8 years and a residual value of $18,500. It is estimated that the machine could produce 767,000 bolts of woven fabric over its useful life. In the first year, 113,500 bolts were produced. In the second year, production increased to 117,500 units. Using the units-of-production method, what is the amount of depreciation expense that should be recorded for the second year? Multiple Choice () $51,009 O $48.175 O $49.273 O Activate Windo Prev 1 of 20 Next > ed Assignment Help Save & Exit Mohr Company purchases a machine at the beginning of the year at a cost of $39,000. The machine is depreciated using the double- declining-balance method. The machine's useful life is estimated to be 5 years with a $5,000 salvage value. The machine's book value at the end of year 2 is: Multiple Choice S15,600