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The Blanda Corporation purchased factory equipment that was installed and put in service January 2, 2019, at a total cost of $32,000. Salvage value was

The Blanda Corporation purchased factory equipment that was installed and put in service January 2, 2019, at a total cost of $32,000. Salvage value was estimated at $2,000. The equipment is being depreciated over eight years using the double-declining-balance method. For the year 2020, Blanda should record depreciation expense on this equipment of:

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