Ramirez company installs a computerized manufacturing machine

Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $43,500. The machine’s useful life is estimated at 10 years, or 385,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 32,500 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 Expense Choose Numeratora Choose Denominator This is a numeric cell, so please enter numbers only. = Depreciation Expense 0 Year 2 Depreciation Year End Book Value (Year 2)

Answer

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