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What is the depreciation expense

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Question - On November 1, 2017, Khene Company places a new asset into service. The cost of the asset is $100,000 with an estimated 4-year life and $20,000 salvage value at the end of its useful life. What is the depreciation expense for 2017 if Khene Company uses the double-declining balance method of depreciation?

1) $6,667.

2) $8,333.

3) $4,167.

4) $3,333.

Reference no: EM132062836

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