A building is acquired on January 1, at a cost of $870,000 with an estimated useful life of 8 years and salvage value of $78,300 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 Beginning of Period Book Depreciation Depreciation Value Rate(%) Exponso End of Period Accumulated Depreciation Book Value Annual Period First Year Second Year Third Year