Exercise 8-6 Double-declining-balance depreciation LO P1 Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $60,000. The machine's useful life is estimated at 10 years, or 450,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 49,000 units of product. Determine the machine's second-year depreciation using the double-declining-balance method. Double-declining-balance Depreciation Choose Factors: Choose Factor(%) Annual Depreciation Expense Depreciation expense First year's depreciation Second year's depreciation