Ch 8: Homework 3 nchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F Saved Part 2 of 3 2.5 points Book Required information. 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 $49,000. The machine's useful life is estimated at 10 years, or 400,000 units of product, with a $9.000 salvage value During its second year, the machine produces 34,000 units of product. Exercise 8-5 (Algo) Units-of-production depreciation LO P1 Determine the machine's second-year depreciation using the units-of-production method. Choose Numerator. Units-of-ereduction Depreciation Choose Denominator References Annual Depreciation Expense Depreciation expence per unit 0 Year Year 2 Annual Production (units) Depreciation Expense Help Save & Exit Submit Check my work