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A building is acquired on January 1, at a cost of $1,000,000 with an estimated useful life of 10 years and salvage value of $90,000.

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A building is acquired on January 1, at a cost of $1,000,000 with an estimated useful life of 10 years and salvage value of $90,000. Compute depreciation expense for the first three years using the double-declining-balance method. (Round your answers to the nearest dollar.) Depreciation for the Period End of Period Beginning of Period Book Value Accumulated Depreciation Depreciation Rate (%) Depreciation Expense Annual Period Book Valuo First Year Second Year Third Year

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