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Determine machine second-year depreciation for ramirez co

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Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $45,900. The machine's useful life is estimated at 10 years, or 389,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 32,900 units of product.

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

Reference no: EM132856597

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