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A company is depreciation a $1002000 building using a straight-line rate of 5%.the building has an estimated residual value of $200400.what would the depreciation be

A company is depreciation a $1002000 building using a straight-line rate of 5%.the building has an estimated residual value of $200400.what would the depreciation be in the first year using the straight- line method and double- declining-balance? Straight line $40080 Double declining balance $100200 Straight line $50100 Double declining balance $100200 Straight line $40080 Doing declining balance $80160 Straight line $50100 Double declining balance $80160

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