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Warren Company plans to depreciate a new building using the double declining-balance depreciation method. The building cost is $790,000. The estimated residual value of the

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Warren Company plans to depreciate a new building using the double declining-balance depreciation method. The building cost is $790,000. The estimated residual value of the building is $49,000 and it has an expected useful life of 10 years. What is the building's book value at the end of the first year? Multiple Choice $95,780. O $632,000. $158,000. $79,000

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