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Exercise 8-6 Double-declining-balance depreciation LO P1 Ramirez Company installs a computerized manufacturing machine in its...

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Exercise 8-6 Double-declining-balance depreciation LO P1 Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $44,000. The machine's useful life is estimated at 10 years, or 355,000 units of product, with a $4,950 salvage value. During its second year, the machine produces 33,000 units of product. Determine the machine's second-year depreciation using the double-declining-balance method Double-declining-balance Depreciation Annual Depreciation Expense Depreciation expense Choose Factors: x Choose Factor(%) First year's depreciation Second year's depreciation

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