Depreciation Expense Using the Double-Declining Balance Method The Pack Company purchased an office building for...

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Accounting

Depreciation Expense Using the Double-Declining Balance Method The Pack Company purchased an office building for $4,500,000. The building had an estimated useful life of 40 years and an expected salvage value of $500,000.

Calculate the depreciation expense for the second year using the double-declining balance method. $Answer is 213750

can you plz tell me how can I get this number ?

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