Mathematics, 27.05.2021 05:00 ineedcoffee

Double-Declining-Balance Depreciation A building acquired at the beginning of the year at a cost of $72,000 has an estimated residual value of $3,600 and an estimated useful life of four years. Determine the following.

(a) The double-declining-balance rate fill in the blank 1
%
(b) The double-declining-balance depreciation for the first year $fill in the blank 2

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Double-Declining-Balance Depreciation A building acquired at the beginning of the year at a cost of...