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A building is acquired on January 1, at a cost of $980.000 with an estimated useful life of 10 years and salvage value of $88,200,

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A building is acquired on January 1, at a cost of $980.000 with an estimated useful life of 10 years and salvage value of $88,200, Compute depreciation expense for the first three years using the double declining balance method (Round your answers to the nearest dollar) End of Period Annual Period Depreciation for the Period Beginning of Period Book Depreciation Depreciation Rate(%) Value Expense S 980,000 Accumulated Depreciation Book Value First Year Second Year Third Year

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