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information Use the following information for the Exercises below. (Algo) The following information applies to the questions displayed below) Ramirez Company installs a computerized manufacturing
information Use the following information for the Exercises below. (Algo) 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 $86,800. The machine's useful life is estimated at 20 years, or 404,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 34,400 units of product Exercise 10-6 (Algo) Double-declining balance depreciation LO P1 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 depreciabon Second year's depreciation
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