Chapter 10 - Problem Solving i 4 Part 3 of 3 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 $87,000. The machine's useful life is estimated at 20 years, or 395,000 units of product, with a $8,000 salvage value During its second year, the machine produces 33,500 units of product 5.55 points oflook Determine the machine's second-year depreciation using the double-declining balance method. Teterences Double-declining balance Depreciation Choose Factors: Choose Factor(96) Annual Depreciation Expense Depreciation expense First year's depreciation Second year's depreciation 10% 10% (Mc Graw 2 dtv RA w G