3. Smythe purchased building on 5/1/19 at a cost of $400,000, 40 year UL and 20,000 salvage value. The company used the straight line method. On 1/1/34, Smythe determine that the useful life should be 35 years in total and that the salvage value should be $10,000. Record depreciation for 2034. Show all work.