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 $81,400. The machine's useful life is estimated at 20 years, or 387,000 units of product, with a $4,000 salvage value. During its second year, the machine produces 32,700 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 $ 31.4001 $ 65,120 Annual Depreciation Expense Depreciation expense First year's depreciation Second year's depreciation