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A buiding is acquired on January 1 at a cost of $950,000 with an estimated useful life of elght years and salvage value of $85,500.

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A buiding is acquired on January 1 at a cost of $950,000 with an estimated useful life of elght years and salvage value of $85,500. Compute depreciation expense for the first three years using the double-deciining-balance method. Note: Round your onswers to the nearest doller

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