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A building is acquired on January 1 at a cost of $ 8 3 0 , 0 0 0 with an estimated useful life of

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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.
Note: Round your answers to the nearest dollar.
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