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Required information

Use the following information for the Exercises below.

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Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $$85,400.$ The machine's useful life is estimated at $20$ years, or $402,000$ units of product, with a $$5,000$ salvage value. During its second year, the machine produces $34,200$ units of product.

Exercise $10-6$ Double$-$declining$-$balance depreciation LO P$1$

Determine the machine's second$-$year depreciation using the double$-$declining$-$balance method.

$\backslash$table$[[,$Double$-$declining$-$balance Depreciation,,,$],[,$Choose Factors:,$x,$Choose Factor$(\%),\{$fb$588$f$6$a$1-$fce$1-439$d$-$be$6$d$-$f$199753$c$9$cd$5\}$

$\backslash$table$[[$Annual Depreciation$],[$Expense$]],],[,,x,,=,$Depreciation expense$],[$First year's depreciation,,$x,,=,],[$Second year's depreciation,,$x,,,]]$