! Required information [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 $49,000. The machine's useful life is estimated at 10 years, or 400,000 units of product, with a $9,000 salvage value. During its second year, the machine produces 34,000 units of product. Determine the machine's second-year depreciation using the double-declining balance method, Double-declining balance Depreciation Choose Factors: Choose Factor) Beginning book value Double the straight-line rate 5 49,000 Annual Depreciation Expense Depreciation expense First year's depreciation Second year's depreciation