A building is acquired on January 1, at a cost of $830,000 with an estimated useful life of eight years and salvage value of $75,000 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 Annual Period First Year Second Year Third Year Beginning of Period Book Value Depreciation Rate (%) End of Period Depreciation Accumulated Expense Depreciation Book Value