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Current Attempt in Progress A company is depreciating a $ 1 0 0 8 0 0 0 building using a straight - line rate of

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Current Attempt in Progress
A company is depreciating a $1008000 building using a straight-line rate of 5%. The building has an estimated residual value of $201600. What would the amount of depreciation be in the first year using the straight-line method and the double-declining-balance method?
\table[[Straight-line,Double-declining-balance],[$40320,$100800
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