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actg question [The following information applies to the questions displayed below Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of

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[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 $45,900. The machine's useful life is estimated at 10 years, or 389,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 32,900 units of product. Determine the machine's second-year depreciation using the double-declining-balance method. Double-declining-balance Depreciation Choose Factors: X Choose Factor(%) = Annual Depreciation Expense X = Depreciation expense First year's depreciation X = Second year's depreciationOn April 1, Cyclone's Co. purchases a trencher for $310,000. The machine is expected to last five years and have a salvage value of $55,000. Compute depreciation expense at December 31 for the first and second year assuming the company uses the straight-line method. Choose Numerator: Choose Denominator: Annual Depreciation = Annual depreciation = Year Annual Depreciation X Fraction of Year S Depreciation Expense First year X Second year

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