The Shaker Warehouse purchased a new conveyor belt for $28,500. The company expected it to last for 4 years and have an estimated salvage value of $5,000. Using the double-declining-balance method of depreciation, what is the amount of depreciation for year 3?

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The Answer of The Shaker Warehouse purchased a new conveyor belt for $28,500. The company expected it to last for 4 years and have an estimated salvage value of $5,000. Using the double-declining-balance method of depreciation, what is the amount of depreciation for year 3?

The Shaker Warehouse Purchased a New Conveyor Belt for $28,500