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Pelte Corp., a calendar year-end company, purchased a vehicle on 1/1/X1 with the following attributes:...

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Accounting

Pelte Corp., a calendar year-end company, purchased a vehicle on 1/1/X1 with the following attributes:
Cost =$50,000
Estimated salvage value =$6,000.
Estimated useful life =4 years
Assuming Pelte 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)? Do not use symbols, decimals, or cents in the numerical response.
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