Help Seve 7 Required information Use the following information for the Exercises below. 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 $80,600. The machine's useful life is estimated at 10 years, or 388.000 units of product, with a $3,000 salvage value During its second year, the machine produces 32,800 units of product Part 3 of 3 5.88 paints Exercise 10-6 Double-declining-balance depreciation LO P1 Box Hint Determine the machine's second-year depreciation using the double-declining balance method PA References Double declining balance Depreciation Choose Factors: Choose Factor") Annual Depreciation Expense Depreciation expense First year's depreciation Second year's depreciation