Depreciate the warehouse using the double declining balance method  The warehouse has an estimated useful life of 20 years with a salvage value of $40,000 

Construction of a Warehouse Contract Price 200,000 

Building permit 1,500 

Architect's fee 15,000 

Engineering fees 7,500 

Excavation costs 2,500 

Interest on bank loan during construction period 1,000 

Staff Salary - supervision of construction (six months) 12,500 

Total Acquisition cost 240,000

 Required

Record the depreciation expense for year 10 and prepare the partial balance sheet at the end of year 10