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A building acquined at the beginning of the year at a cost of $3,850,000 has an estimated residual value of $150,000 and an estimated useful

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A building acquined at the beginning of the year at a cost of $3,850,000 has an estimated residual value of $150,000 and an estimated useful life of 40 years. Determine the following- (a) The double declining balance rate (b) The double-declining-balance depreciation for the first year 1

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