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A builaing acquired at the beginning of the year at a cost of $70,000 has an estimated residual value of $4,200 and an eshimated useful

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A builaing acquired at the beginning of the year at a cost of $70,000 has an estimated residual value of $4,200 and an eshimated useful life of four years. Determine the foliowing. a. The double-declining balance rate b. The double-declining-bahnce depreciation for the first year

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