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Double-declining-balance depreciation A building acquired at the beginning of the year at a cost of $111,600 has an estimated residual value of $8,900 and an

Double-declining-balance depreciation

A building acquired at the beginning of the year at a cost of $111,600 has an estimated residual value of $8,900 and an estimated useful life of 4 years. Determine the following. (a) The double-declining-balance rate fill in the blank 1 of 2 % (b) The double-declining-balance depreciation for the first year fill in the blank 2 of 2$

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