nep work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 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. * Answer is complete but not entirely correct. Straight-Line Depreciation Annual Depreciation Expense Choose Denominator: Choose Numerator: 1 Depreciation expense i Cost minus salvage $48,400-$9,000 Year 2 Depreciation Year end book value (Year 2) Estimated useful life (years) 10 3,940 = 40,520 4 5