Help Save & EX Chapter 8 Preview Homework Ched Part 3 of Required information Use the following information for the Exercises below. The following information applies to the questions displayed below) 125 Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $84.200. The machine's useful life is estimated at 10 years, or 386.000 units of product, with a $7,000 salvage value. During its second year the machine produces 32,600 units of product. 30 Exercise 8-6 Double-declining-balance depreciation LO P1 Determine the machine's second-year depreciation using the double-declining balance method. Double-declining balance Depreciation Choose Factors: Choose Factors Annual Depreciation Expense Depreciation expense First year's depreciation Second year's depreciation