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On July 1, 2003, PLEE Corporation purchased factory equipment for $50.000. Salvage value was estimated at $2,000. The equioment will be depreciated over 10 years using the double-declining-balance method. Counting the year of acquisition as one-half year, PLEE should record 2004 depreciation expense of: a. $8,640 b.$9,000 C. $8,000 d. $10,000 e. None of the above