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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

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 $87,000. The machine's useful life is estimated at 20 years, or 395,000 units of product, with a $8,000 salvage value. During its second year, the machine produces 33,500 units of product.

Double-declining-balance Depreciation
Choose Factors: x Choose Factor(%) = Annual Depreciation Expense
Beginning book value x Double the straight-line rate = Depreciation expense
First year's depreciation x 10% =
Second year's depreciation x 10% =

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