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Davis Lawn Care purchased a fleet of high-powered zero-turn radius industrial mowers for $70,000 a few years back. The original life of the mowers was

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Davis Lawn Care purchased a fleet of high-powered zero-turn radius industrial mowers for $70,000 a few years back. The original life of the mowers was estimated at 11 years and a salvage value of $1,000. Davis has had no post-acquisition capital expenditures and the balance in Accumulated Depreciation at the beginning of the year was $12.230 at the beginning of the year. The company uses the double declining balance method for depreciation. Based on the information above, how much depreciation expense should be recorded for the current whole year? Do not round any intermediate calculations, but DO ROUND YOUR FINAL ANSWER TO TWO DECIMALS

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