gnment/takeAssignment Maindow Copy of 9LB HON.. Honors Biology B. Freshman Success. Health Message Bo Science Fair Messa X Message Boards -2... eBook Show Me How Calculator Double-Dedining-Balance Depreciation A building acquired at the beginning of the year at a cost of $80,000 has an estimated residual value of $5,600 and an estimated useful life of four years. Determine the following. (a) The double-declining balance rate 18,600 X % (b) The double-declining-balance depreciation for the first year 16,667 x The double dedining rate is two times the straight-line rate When the double-declining balance method is used the estimated residual value is not considered