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Business, 03.08.2021 20:50 jonquil201

Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $45,900. The machine's useful life is estimated at 10 years, or 389,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 32,900 units of product. Required:
Determine the machine’s second-year depreciation and year end book value under the straight-line method.

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