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 $48,400. The machine's useful life is estimated at 10 years, or 394,000 units of product, with a $9,000 salvage value. During its second year, the machine produces 33,400 units of product. 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 depreciation Second year's depreciation 11 11 X