Blackboard New Ver emaining Time: 2 hours, 17 minutes, 49 seconds. Question Completion Status QUESTION 16 Laramie Corporation has acquired a property that included both land and a building for $560,000. The corporation hired an appraiser who has determined that the market value of the land is $360,000 and that of the building is $440,000. At what amount should the corporation record the cost of the building? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) $308,000 $380,000 $280,000 $252,000 QUESTION 17 On January 1, 2018, Tyson Manufacturing Corporation purchased a machine for $41,100,000. Tyson's management expects to use the machine for 32.000 hours over the next six years. The estimated residual value of the machine at the end of the sixth year is $47.000. The machine was used for 6000 hours in 2018 and 4000 hours in 2019. What is the depreciation expense for 2018 the corporation uses the units-of-production method of depreciation (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) $7.007 460 $13.700.000 $5,137.520 $5,131.540 QUESTION 18 Click Save and submit to save and submit. Click Save All Arto save all answers, Save All Answers Close Wind MacBook 888 FB 57 16 FS 54 @ 2 # 3 $ 4 % 5 & 7 #c i 6 9 0 Q W E R. 0 T Y U