BE11-8 Tan Chin Company purchases a building for HK$11,300,000 on January 2, 2015. An engineers report shows that of the total purchase price, HK$11,000,000 should be allocated to the building (with a 40-year life, no residual value), HK$150,000 to 15-year property, and HK$150,000 to 5-year property. Compute depreciation expense for 2015 using component depreciation