Required informetion 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 $45,900. The machine's useful ife is estimated at 10 years, or 389,000 units of product. with a $7,000 salvage value. During its second year, the machine produces 32,900 units of product. Exercise 8.6 (Algo) Double-declining-balance depreciation LO P1 Determine the machine's second-year depreciation using the double-decining-balance method