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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$80. 600. The machine’s useful life is estimated at 10 years, or 388, 000 units of product, with a $3, 000 salvage value during its second year, the machine produces 32, 800 units of product.OpenDetermine the machine’s second -year depreciation using the double-declining-balance method double-declining -balance DepreciationOokChoose Factors :"XChoose Factor ( % )=Annual DepreciationExpense=\Depreciation expense in first year’s depreciationSecond year’s depreciation