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Callahan Services, Inc. purchased a delivery vehicle at a cost of $80.000 at the beginning of the year. The equipment has an estimated life of

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Callahan Services, Inc. purchased a delivery vehicle at a cost of $80.000 at the beginning of the year. The equipment has an estimated life of 6 years and a salvage value of $5,000. Callahan uses the double-declining-balance method. What amount of depreciation expense should be recorded for the first whole year? Round your answer to the nearest dollar (whole number)

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