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 $45,300. The machine's useful life is estimated at 10 years, or 403.000 units of product, with a $5,000 salvage value. During its second year, the machine produces 34,300 units of product Determine the machine's second-year depreciation using the double-declining-balance method. Double-declining-balance Depreciation Annual Depreciation Choose Factors: Choose Factor(%) Depreciation expense First year's depreciation Second year's depreciation