A corporation sold 15,500 shares of its $10 par value common stock at a cash price of $12 per share. The entry to record this transaction would include:

Warren company plans to depreciate a new building using the double declining-balance depreciation method. the building cost $870,000. the estimated residual value of the building is $57,000 and it has an expected useful life of 20 years. assuming the first year's depreciation expense was recorded properly, what would be the amount of depreciation expense for the second year?