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02-06-2023
Business

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Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $45,300. The machine's useful life is estimated at 10 years, or 403,000 units of product, with a $5,000 salvage value During its second year, the machine produces 34,300 units of product. Determine the machine's second-year depreciation and year end book value under the straight-line method.

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