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An asset has cost of 50,000, with a residual value of 10,000. It has a life of 5 years and was purchased on January 1.

An asset has cost of 50,000, with a residual value of 10,000. It has a life of 5 years and was purchased on January 1. Under double-declining-balance, what is the asset's fourth full year of depreciation expense?

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