A building is acquired on January 1 at a cost of $950,000 with an estimated useful life of eight years and salvage value of $85,500 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 Depreciation Rate (%) Depreciation Expense Accumulated Depreciation Book Value Beginning of Annual Period Period Book Value First Year Second Year Third Year