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1. Renegade Inc. purchased a building on July 1, 2015 for $350,000. The building has an estimated useful life of 40 years and a salvage

1. Renegade Inc. purchased a building on July 1, 2015 for $350,000. The building has an estimated useful life of 40 years and a salvage value of $30,000. Using the double-declining (200%) balance method of depreciation, what is the depreciation expense for:

2015

2016

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