Exam $2$ Chapters $5-8$

$12$

Port $3$ of $3$

Required information

Use the following information for the Exercises below. $($Algo$)$

$[$The following information applies to the questions displayed below.$]$

$8\mathrm{.}37$

points

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.

$00$:$38$:$50$

During its second year, the machine produces $34,200$ units of product.

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Exercise $8-6($Algo$)$ Double$-$declining$-$balance depreciation LO P$1$

Determine the machine's second$-$year depreciation using the double$-$declining$-$balance method.

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