15 Recall from the last question that the real-estate holdings company acquired a new property on July 1, 2021. The company has a fiscal year-end of July 31. The details on the building and land for the new property are as follows: Building Cost basis - $40.0 million. Useful life - 30 years. Land Cost basis-$10.0 million. What would the accounting depreciation expense be for the fiscal year ended July 31, 2022? $30.0 million. $111 thousand. $1.33 million. $40.0 million. 0000