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QS 8-6 (Algo) Double-declining-balance method LO P1 A building is acquired on January 1 at a cost of $910,000 with an estimated useful life

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QS 8-6 (Algo) Double-declining-balance method LO P1 A building is acquired on January 1 at a cost of $910,000 with an estimated useful life of eight years and salvage value of $81,900. Compute depreciation expense for the first three years using the double-declining-balance method. (Round your answers to the nearest dollar.) Depreciation for the Period End of Period Depreciation Rate (%) Depreciation Expense Accumulated Depreciation Book Value Annual Period Beginning of Period Book Value First Year Second Year Third Year

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