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Find depreciation expense for the first three years

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Reference no: EM132856628

A building is acquired on January 1, at a cost of $930,000 with an estimated useful life of 8 years and salvage value of $83,700.

Problem 1: Compute depreciation expense for the first three years using the double-declining-balance method. (Round your answers to the nearest dollar.)

Reference no: EM132856628

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