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A bulding is acquired on January 1 at a cost of $1,030,000 with an estimated useful iffe of elght years and salvage value of $92700.

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A bulding is acquired on January 1 at a cost of $1,030,000 with an estimated useful iffe of elght years and salvage value of $92700. Compute depreclation expense for the first three years using the double-declining-balance method. (Round your answers to the nearest dollor.)

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