Question: A company is depreciating a $ 9 9 9 0 0 0 building using a straight - line rate of 5 % . The building

A company is depreciating a $999000 building using a straight-line rate of 5%. The building has an estimated residual value of $199800. What would the amount of depreciation be in the first year using the straight -line method and the doubte-dectining-balance method?
\table[[Straight-line,Double-declining-balance],[$49950,$99900
A company is depreciating a $999000 building using a straight-line rate

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