Wolfpack Corp., a calendar year-end company, purchased equipment on 1/1/X1 with the following attributes: Cost $ 15,000 $ 1,200 Residual Value Useful life 4 years Assuming Wolfpack 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)? Note: Do not include symbols, decimals, or cents in the numerical response. Answer: $