Required information Use the following information for the Exercises below. (Algo) [The following information opplies to the questions displayed below] Ramirez Company installs a computerized manufacturing machine in its factory ot the beginning of the yeot at a cost of $45,300. The machine's useful life is estimated at 10 years, or 403,000 units of product, with a $5,000 salvage value. Duting its second yeat, the mochine produces 34,300 units of product. Exercise 8.5 (Algo) Units-of-production depreciation LO P1 Determine the machine's second year depreciation using the units-of-production method. 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 o cost of $45,300. The machine's useful life is estimated at 10 years, or 403,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 34,300 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