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A company is depreciating a $997000 building using a straight-line rate of 5%. The building has an estimated residual value of $199400. What would the

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A company is depreciating a $997000 building using a straight-line rate of 5%. The building has an estimated residual value of $199400. What would the amount of depreciation be in the first year using the straight-line method and the double-declining-balance method? Straight-line Double-declining-balance O $49850 $99700 O $39880 $79760 O $39880 $99700 O $49850 $79760

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