Check my work $ 680,000 Land Building Less: Accumulated depreciation Equipment Less: Accumulated depreciation Total property, plant and equipment $780,000 572,009 520,00 220,480 208,000 10 points 299,520 $1,187,520 eBook The building was purchased on May 3, 2009, and is depreciated to the nearest whole month using the straight-line method. Depreciation is based on a 15-year life, after which it will be demolished and replaced with a new one. 2 The equipment was purchased on November 3, 2017, and is depreciated to the nearest whole month using the double-declining balance method. The total estimated useful life is 10 years with a residual value of $200,000 Print Required: 1. Calculate and record depreciation for the year just ended April 30, 2021, for both the building and equipment References View transaction list Journal entry worksheet A 2 Record the depreciation for the building, for the year ended April 30, 2021 Note: Enter debits before credits. Debit Credit General Journal Date Apr 30, 2021 View general journal Clear entry Record entry ook int ences 2. Prepare the property, plant, and equipment section of the balance sheet at April 30, 2021. (Enter all amounts as positive values.) BIG SKY FARMS Partial Balance Sheet April 30, 2021 Property, plant and equipment: Land Building Equipment Total property, plant and equipment Nert