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5 purchase price was allocated to the building. Depreciation for the first two years was calculated using 6 the straight - line method, a 2
purchase price was allocated to the building. Depreciation for the first two years was calculated using the straightline method, a year useful life, and a $ residual value. At the beginning of Year the company switched to the doubledecliningbalance depreciation method.
Compute the amount of depreciation recorded in each of the three years.
tablePurchase price,$
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