Assuming a December $31$ year end, identify the building's carrying amount at December $31,2024,$ assuming the

double$-$declining$-$balance method. $($Do not round intermediate calculation and round answer to $0$

decimal places, e$.$g$.5,275.)$

Building's carrying amount $Culver Corp. acquired a property on September $15,2023,$ for $$250,000,$ paying $$3,400$ in transfer taxes and a $$2,200$

real estate fee. Based on the provincial assessment information, $85\%$ of the property's value was related to the building

and $15\%$ to the land. It is estimated that the building, with proper maintenance, will last for $20$ years, at which time it

will be torn down and have zero salvage value. Culver, however, expects to use it for $10$ years only, as it is not expected

to suit the company's purposes after that. The company should be able to sell the property for $$155,000$ at that time,

with $$41,000$ of this amount being for the land. Culver prepares financial statements in accordance with IFRS.