(b) Compute the depreciation expense for the year ended December 31, 2021. Crane elected to depreciate the building on a straight- line basis and determined that the asset has a useful life of 30 years and a salvage value of $690,000. (Round answer to decimal places, e.g. 5,275.) Depreciation Expense e Textbook and Media (b) Compute the depreciation expense for the year ended December 31, 2021. Crane elected to depreciate the building on a straight- line basis and determined that the asset has a useful life of 30 years and a salvage value of $690,000. (Round answer to decimal places, e.g. 5,275.) Depreciation Expense e Textbook and Media