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8 Required information Use the following information for the Exercises below [The following information applies to the questions displayed below. Part 2 of2 9.09 points
8 Required information Use the following information for the Exercises below [The following information applies to the questions displayed below. Part 2 of2 9.09 points Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $83,600. The machine's useful life is estimated at 20 years, or 398,000 units of product, with a $4,000 salvage value During its second year, the machine produces 33,800 units of product. eBook Exercise 10-6 Double-declining-balance depreciation LO P1 Determine the machine's second-year depreciation using the double-declining-balance method. Hint ou declining-balance ciation Print Annual Depreciation Choose Factors Choose Factor(%) se nning book valueX 83,600 x e the straight-line rateDepreciation expense First years depreciation Second year's depreciation
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