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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

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 $80,600. The machine's useful life is estimated at 10 years, or 388,000 units of product, with a $3,000 salvage value. During its second year, the machine produces 32,800 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.
\table[[Double-declining-balance Depreciation,,,,,],[,Choose Factors:,,Choose Factor(%),=,\table[[Annual Depreciation],[Expense]]],[,,,,=,Depreciation expense],[First year's depreciation,,,,=,],[Second year's depreciation,,,=,,]]
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