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Double Declining-Balance Depreciation A building acquired at the beginning of the year at a cost of $90,000 has an estimated residual value of $4,500 and

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Double Declining-Balance Depreciation A building acquired at the beginning of the year at a cost of $90,000 has an estimated residual value of $4,500 and an estimated useful life of 4 years. Determine the following (o) The double-declining-balance rate 90 (b) The double-declining balance depreciation for the first year

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