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An asset has a cost of $61000 and an estimated salvage value of $5000. If the company uses double declining balance depreciation method, and the
An asset has a cost of $61000 and an estimated salvage value of $5000. If the company uses double declining balance depreciation method, and the asset is estimated to have a four year life, what is the amount of depreciation expense in year four of the asset's life?
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