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The Placque Company purchased an office building for $4,555,000. The building had an estimated useful life of 40 years and an expected salvage value of

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The Placque Company purchased an office building for $4,555,000. The building had an estimated useful life of 40 years and an expected salvage value of $550, 000. What is the depreciation expense for year two using the double-declining balance method? Select one: 200, 00 227,750 216,363 220, 000

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