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The Pack Company purchased an office building for $4, 500,000. The building had an estimated useful life of 40 years and an expected salvage value

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The Pack Company purchased an office building for $4, 500,000. The building had an estimated useful life of 40 years and an expected salvage value of $500,000. Calculate the depreciation expense for the second year using the double-declining balance method. $ 213, 750

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