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Double-Dedining-Balance Depreciation A building acquired at the beginning of the year at a cost of $74,000 has an estimated residual value of $5,000 and an

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Double-Dedining-Balance Depreciation A building acquired at the beginning of the year at a cost of $74,000 has an estimated residual value of $5,000 and an estimated useful life of four years. Determine the following {a) The double-dedining-balance rate (b) The double deciring-balance depreciation for the first year

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