APM Homework: Online Assignment, Chapter 6 Save Score: 0 of 3 pts 2 of 5 (0 complete) HW Score: 0% 0 of 20 pts E6-26 (similar to) Question Help Assure The Humane Society purchased a building for $900,000 and depreciated it on a straight-in basis over 30 years. The estimated residus valis was 100.000 e using the building for 10 years. The Humane Society realized that the building will remain useful for only 10 more years Starting with the year. The Humane Society ogon depreciating the building over the newly revised total life of 20 years and decreased the estimated residual valo to $75,000 Compute the yearly deprecaonespense for years 11 and 12 What effect will this have on the income statement and balance sheet? In order to compete the depreciation expense for years 11 and 12, we should compute first the yearly depreciation under the 30 years assurtion (Round your answer to the nearest whole dollar) The yearly depreciation under the 30 years assumption is : Enter your answer in the answer box and then click Check Answer. Clear All 2 pants remaining 14C Mostly clo