Transcribed image text: 3 Exercises and Problems Help Save & Exit Submit Check my work Required information Use the following information for the Exercises below. (Static) 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 $43,500 The machine's useful life is estimated at 10 years, or 385,000 units of product, with a $5,000 salvage a value. During its second year, the machine produces 32,500 units of product Exercise 8-6 (Static) Double-declining balance depreciation LO P1 Determine the machine's second-year depreciation using the double-declining balance method Double-declining balance Depreciation Choose Factors Choose Factor") Beginning book value x Double the straight-in rale $ 43,500 20% 20% Annual Depreciation Expense Depreciation exponse $ 8,700 $ 0 Furst year's depreciation Second year's depreciation