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Your answer is incorrect. A company is depreciating a $986000 building using a straight-line rate of 5%. The building has an estimated residual value of

image text in transcribed Your answer is incorrect. A company is depreciating a $986000 building using a straight-line rate of 5%. The building has an estimated residual value of $197200. What would the amount of depreciation be in the first year using the straight-line method and the double-declining-balance method

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