Ch 8: Homework 6 3 points Saved QS 8-6 (Algo) Double-declining-balance method LO P1 A building is acquired on January 1 at a cost of $870,000 with an estimated useful life of eight 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 eBook Beginning of Annual Period Period Book Value Depreciation Rate (%) End of Period Depreciation Expense Accumulated Depreciation Book Value Pri References First Year Second Year Third Year Help Save & Ex Check