Question: Given the information below, how much depreciation expense will be recorded each year using the double-declining-balance method of depreciation? Asset Cost = $88 Residual Value

Given the information below, how much depreciation expense will be recorded each year using the double-declining-balance method of depreciation? Asset Cost = $88 Residual Value = $8 Expected Useful Life = 4 years Year 1 depreciation expense Year 2 depreciation expense Year 3 depreciation expense Year 4 depreciation expense (Note: Do not use $ when entering your numbers)

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