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Cameron Company purchased equipment for $50,000 on January 1,2021 . The salvage value is $2,000, and the estimated useful life is 4 years. The company

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Cameron Company purchased equipment for $50,000 on January 1,2021 . The salvage value is \$2,000, and the estimated useful life is 4 years. The company usually uses the double-declining balance method for depreciation. What is the depreciation expense for 2022 for this asset

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