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.) End of Period Depreciation for the Period Beginning of Depreciation Depreciation Period Book Value Rate(%) Expense Annual Period Accumulated Depreciation Book Value rint Tences First Year Second Year Third Year