At the start of the current year, SBC Corp. purchased 25% of Sky Tech Inc. for $29 million. At the time of purchase, the carrying value of Sky Tech's net assets was $60 million. The fair value of Sky Tech's depreciable assets was $16 million in excess of their book value. For this year, Sky Tech reported a net income of $60 million and declared and paid $16 million in dividends. The total amount of additional depreciation to be recognized by SBC over the remaining life of the assets is:

Multiple Choice

• $4.0 million.

• $19 million.

• None of these answer choices are correct.

• $16 million.