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! Required information Use the following information for the Exercises below. ( Algo ) [ The following information applies to the questions displayed below. ]

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Required information
Use the following information for the Exercises below. (Algo)
[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 $86,200. The machine's useful life is estimated at 10 years, or 396,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 33,600 units of product.
Exercise 8-6(Algo) Double-declining-balance depreciation LO P1
Determine the machine's second-year depreciation using the double-declining-balance method.
\table[[Double-declining-balance Depreciation],[,Choose Factors:,,x,Choose Factor(%,,=,\table[[Annual Depreciation],[Expense]]],[,Beginning book value,*,x,Double the straight-line rate,O?,=,Depreciation expense],[First year's depreciation,$,86,200,x,,%,=,17,240],[Second year's depreciation,$,17,240ox,x,,0%,=,3,448]]
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