ved of Patton Corp., a calendar year-end company, purchased equipment on 1/1/X1 with the following attributes: uestion Cost Salvage Value Useful life, $ 25,000 $3,000 4 years Assuming that Patton uses the double-declining balance (DDB) depreciation method, answer the following question: Question: How much depreciation expense should be recorded in 20X4 (year four of the asset's life)? Answer: $125 (do not include decimals or cents)