Bulidings 150% declining balance; 25 years. Equipment-Straight line; 10 years. Automoblles and trucks 200% declining balance; 5 years, all acquired after 2020 Leasehoid improvements - Straight line Land improvements-Straight line. Depreciation is computed to the nearest month and residual values are immaterial. Transactions during 2024 and other information: a. On January 6, 2024, a plant facility consisting of land and building was acquired from King Corporation in exchange for 19,000 shares of Cord's common stock. On this date, Cord's stock had a fair value of $60 a share. Current assessed values of land and building for property tax purposes are $207,000 and $483,000, respectively b. On March 25,2024 . new parking lots, streets, and sidewaiks at the acquired plant facility were completed at a total cost of $156,000. These expenditures had an estimated useful life of 12 years. c. The leasehold improvements were completed on December 31,2020 , and had an estimated useful ife of eight years. The related lease, which would terminate on December 31, 2026, was renewable for an additional four-year term. On April 30,2024 , Cord exercised the renewal option. d. On July 1,2024, equipment was purchased at a total invoice cost of $319,000. Additional costs of $11,000 for delivery and $44,000 for installation were incutred. e. On September 30,2024 . Cord purchased a new automobile for $11,900 f On September 30,2024 , a truck with a cost of $23,400 and a book yalue of $8,000 on date of sale was sold for $10,900. Depreciation for the nine months ended September 30,2024 , was $1,800. g. On December 20,2024 . equipment with a cost of $14,000 and a book value of $2,825 at date of disposition was scrapped without cash recovery