A company is depreciating a $1,000,000 building using a straight-line rate of 5%. The building has an estimated residual value of $200,000. What would the amount of depreciation be in the first year using the straight-line method and the double-declining-balance method? 
Definitions:
Immediate Environment
The immediate surroundings, conditions, or influences affecting an individual or entity at a given time.
Knowledge Sharing
The dissemination and exchange of information, skills, and expertise within and between individuals, teams, or organizations.
Constant Improvement
The ongoing process of making enhancements and optimizations to achieve better outcomes.
Consumer Trust
The confidence and belief that consumers have in the reliability and integrity of a brand or product.
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