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Saved ! Required information 2 of 2 Use the following information for...

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Accounting

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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 $84,600. The machine's useful life is estimated at 20 years, or 393,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 33,300 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.
\table[[Double-declining-balance Depreciation],[,Choose Factors:,x,Choose Factor(%),=,\table[[Annual Depreciation],[Expense]]],[,,x,,=,Depreciation expense],[First year's depreciation,,x,,=,],[Second year's depreciation,,x,,=,]]
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