Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $$47,500.$ The machine's useful life is estimated at $10$ years, or $405,000$ units of product, with a $$7,000$ salvage value. During its second year, the machine produces $34,500$ units of product.

Exercise $8-6($Algo$)$ Double$-$declining$-$balance depreciation LO P$1$

Determine the machine's second$-$year depreciation using the double$-$declining$-$balance method.

$\backslash$table$[[$Double$-$declining$-$balance Depreciation,,,$],[,$Choose Factors:,Choose Factor$(\%),=,\backslash$table$[[$Annual Depreciation$],[$Expense$]],],[,,,,=,$Depreciation expense$],[,,,,,],[$First year's depreciation,,,$=,,],[$Second year's depreciation,,,,,$]]$