1. On January 1, 2020, Wish You the Best purchased a building for $2,000,000. They expect to use the building over the next 5 years. The estimated residual value of the warehouse is $200,000. Complete the following depreciation schedule using the double-declining balance method of depreciation. 15 Points Book Value Year 1/1/2020 Depreciation Expense Accumulated Depreciation Rate Book value $2,000,000 $2,000,000 12/31/20 12/31/21 12/31/22 12/31/23 12/31/24