On September 30, 2010, equipment is purchased for $50,000 with a 4-year life expectancy and salvage value of $2,000. If the double-declining-balance method is used, calculate depreciation expense for the year ending December 31, 2010.

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The Answer of On September 30, 2010, equipment is purchased for $50,000 with a 4-year life expectancy and salvage value of $2,000. If the double-declining-balance method is used, calculate depreciation expense for the year ending December 31, 2010.

On September 30, 2010, Equipment Is Purchased for $50,000 with a 4-Year