Check my wor Required information [The following information applies to the questions displayed below) Bridge City Consulting bought a building and the land on which it is located for $125,000 cash. The land is estimated to represent 60 percent of the purchase price. The company peld $10,000 for building renovations before it was ready for use a. Compute straight-ine depreciation on the building at the end of one yeat assuming an estimated 10-year usefud lite and a $3000 estimated residual value (Do not round intermediate calculations.) 4. What should be the book value of (al the land and (b) the building at the end of year 22 Next > Pey