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 $83,600. The machine's useful life is estimated at 20 years, or 398,000 units of product, with a $4,000 salvage value. During Its second year, the machine produces 33,800 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. Double-declining balance Depreciation First year's depreciation Second year's depreciation Choose Factors: x Choose Factor(%) Annual Depreciation Expense Depreciation expense N