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Double-Declining-Balance Depreciation A building acquired at the beginning of the year at a cost of $80,400 has an estimated residual value of $2,400 and

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Double-Declining-Balance Depreciation A building acquired at the beginning of the year at a cost of $80,400 has an estimated residual value of $2,400 and an estimated useful life of four years. Determine the following. a. The double-declining-balance rate b. The double-declining-balance depreciation for the first year %

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