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Keppel Corporation, a leading conglomerate, is analyzing its tax depreciation expenses for the fiscal year 20X4. The company's total assets amount to $1,000,000,000, with an
Keppel Corporation, a leading conglomerate, is analyzing its tax depreciation expenses for the fiscal year 20X4. The company's total assets amount to $1,000,000,000, with an estimated salvage value of $100,000,000. Determine Keppel Corporation's tax depreciation expense using the double-declining balance method over a useful life of 10 years.
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