value: 5.00 points Ramez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $54,000. The machine's useful life is estimated at 10 years, or 420,000 units of product, with a $7,800 salvage value. During its second year, the machine produces 43,000 units of product Determine the machine's second-year depreciation using the double-declining-balance method. Double-declining-balance Depreciation Choose Factors: Choose Factor(%) Annual Depreciation |Depreciation expense First year's depreciation Second years depreciation value: 5.00 points Ramez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $47,000. The machine's useful life is estimated at 10 years, or 310,000 units of product, with a $6,700 salvage value. During its second year, the machine produces 36,000 units of product. Determine the machine's second-year depreciation using the units-of-production method roduction De Choose Denominator: - Annual Depreciation Expense = | Depreciation expense per unit Choose Numerator: Annual Production (units) Depreciation Expense Year 2 Ramez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $87,400. The machine's useful life is estimated at 10 years, or 324,000 units of product, with a $12,400 salvage value. During its second year, the machine produces 31,100 units of product Determine the machine's second-year depreciation and year end book value under the straight-line method Straight Line Depreciation = Annual Depreciation Choose Numerator: Choose Denominator:- Expense -Depreciation expense Year 2 Depreciation Year end book value (Year 2)