2 ! 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 $86,800. The machine's useful life is estimated at 20 years, or 404,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 34,400 units of product. ped Determine the machine's second-year depreciation using the double-declining-balance method. Ook int E ences First year's depreciation Second year's depreciation Double-declining-balance Depreciation Choose Factors: Choose Factor (%) xxx = Annual Depreciation Expense Depreciation expense Che