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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

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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 $81,400. The machine's useful life is estimated at 20 years, or 387000 units of product, with a $4,000 salvage value. During its second year, the machine produces 32,700 units of product. Exercise 8-6 Double-declining-balance depreciation LO P1 etermine the machine's second-year depreciation using the double-declining-balance method. ouble-declining-balance Depreciation Annual Depreciation Choose Factors Choose Factor (%) Depreciation expense First year's depreciation Second years depreciation

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