Bridge City Consulting bought a bullding and the land on which it is located for $130,000cash. The land is estimated to represent 50 percent of the purchase price. The company paid $20,000 for bullding renovations before it was ready for use. 3. Compute straight-line depreclation on the building at the end of one yeat, assuming an estimated 10 -year useful life and a $15,000 estimated residual value. (Do not round intermediate calculations.) 4. What should be the book value of (a) the land and (b) the building at the end of year 2