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 $48,000. The machine's useful life is estimated at 5 years, or 400,000 units of product, with a $8,000 salvage value. During its second year, the machine produces 37,000 units of product. Determine the machine's second-year depreciation using the double-declining-balance methoo Double-declining-balance Depreciation Annual Depreciation Expense Choose Factors: Choose Factor(%) - Depreciation expense First year's depreciation Second year's depreciation