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Double-Declining-Balance Depreciation A building acquired at the beginning of the year at a cost of $106,400 has an estimated residual value of $6,400 and an

Double-Declining-Balance Depreciation A building acquired at the beginning of the year at a cost of $106,400 has an estimated residual value of $6,400 and an estimated useful life of four years. Determine the following.

a. The double-declining-balance rate fill

b. The double-declining-balance depreciation for the first year

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