How do i get the year end book value? (year 2)
I have everytbing else.
requirea iNTormauon Use the following information for the Exercises below. The following information applies to the questions displayed below. Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $85,400. The machine's useful life is estimated at 20 years, or 402,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 34,200 units of product. Exercise 10-4 Straight-line depreciation LO P1 Determine the machine's second-year depreciation and year end book value under the straight-line method. Answer is complete but not entirely correct. Straight-Line Depreciation Annual Depreciation Expense Depreciation expense Choose Numerator: Choose Denominator: Estimated useful life (years) Cost minus salvage 20 S 4,020 80,400 Year 2 Depreciation Year end book value (Year 21 4.020 81,380