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Determine the machine second-year depreciation

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Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $45,700. The machine's useful life is estimated at 10 years, or 397,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 33,700 units of product.

Problem 1: Determine the machine's second-year depreciation using the double-declining-balance method.

Reference no: EM132822152

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