Question: QS 8.6 (Algo) Double-declining-balance method LO P1 A building is acquired on January 1 at a cost of $890,000 with an estimated useful life of

QS 8.6 (Algo) Double-declining-balance method LO P1 A building is acquired on January 1 at a cost of $890,000 with an estimated useful life of eight years and salvage value of $80,100. Compute depreciation expense for the first three years using the double-declining-balance method, (Round your answers to the nearest dollar.)

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