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Required information

Use the following information for the Exercises below. $($Algo$)$

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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.

Exercise $10-5($Algo$)$ Units$-$of$-$production depreciation LO P$1$

Determine the machine's second$-$year depreciation using the units$-$of$-$production method.

$\backslash$table$[[$Units$-$of$-$production Depreciation$],[$Choose Numerator:,I,Choose Denominator:,$=,$Annual Depreciation Expense,,,$],[,1,,=,$Depreciation expense per unit,,,$],[,1,,=,,,,],[$Year$,$Annual Production $($units$),,$Depreciation Expense,,,,$],[$Year $2,,,,,,,]]$