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A building is acquired on January 1 at a cost of $ 8 5 0 , 0 0 0 with an estimated useful life of

A building is acquired on January 1 at a cost of $850,000 with an estimated useful life of eight years and salvage value of $76,500.
Compute depreciation expense for the first three years using the double-declining-balance method.
Note: Round your answers to the nearest dollar.
\table[[,Depreciation for the Period,End of Period,],[Annual Period,\table[[Beginning of],[Period Book],[Value]],\table[[Depreciation],[Rate (%)]],\table[[Depreciation],[Expense]],\table[[Accumulated],[Depreciation]],Book Value],[First Year,,,,,],[Second Year,,,,,],[Third Year,,,,,]]
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