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Required information [The following information applies to the questions displayed below.] Ramirez Company...

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Accounting

Required information
[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
$85,400. The machine's useful life is estimated at 20 years, or 402,000 units of product, with a $5,000 salvage value.
During its second year, the machine produces 34,200 units of product.
Determine the machine's second-year depreciation using the double-declining-balance method.
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