Required information Use the following information for the Exercises below. (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 $84,200. The machine's useful life is estimated at 20 years, or 391000 units of product, with a $6,000 salvage value. During its second year, the machine produces 33100 units of product Exercise 8-6 Double-declining-balance depreciation LO P1 Determine the machine's second-year depreciation using the double-declining-balance method. uble-declining-balanc Annual Depreciation Choose Factors: Choose Factor (%) Beginning book vleouble the straight line rateDepreciation expense 20%s 20%) $ 16,840 First years depreciation Second year's depreciation$ 84,200X 67,360X 13,472