At the beginning of Year 1, ABC Company purchased a new piece of equipment for $20,000. It is expected to have a 10 year life and a $9,000 salvage value. ABC Company depreciates this asset using the double-declining-balance method. What is the Year 4 Depreciation Expense? $1,100 50 $1,240 O $2,000 Previous Next No new data to save. Last checked at 7:52pm. Submit Quiz