Help Save & E Chec Required information [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 $47,500. The machine's useful life is estimated at 10 years, or 405,000 units of product with a $7,000 salvage value During its second year, the machine produces 34,500 units of product. Determine the machine's second-year depreciation using the double-declining-balance method. Double-declining-balance Depreciation Choose Factors: Choose Factor (%) = Annual Depreciation Expense Depreciation expense First year's depreciation Second year's depreciation Activate Windows of 6 Next