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Check my work Part 3 of 3 Required information E8-3 (Algo) Computing and Recording Cost and Depreciation of Assets (Straight-Line Depreciation) LO8-2, 8-3 [The following
Check my work Part 3 of 3 Required information E8-3 (Algo) Computing and Recording Cost and Depreciation of Assets (Straight-Line Depreciation) LO8-2, 8-3 [The following information applies to the questions displayed below.) 20 points Shahia Company bought a building for $74,000 cash and the land on which it was located for $116.000 cash. The company paid transfer costs of $15,000 ($6,000 for the building and $9,000 for the land). Renovation costs on the building before it could be used were $20,000. (8 00:20:40 Skipped E8-3 Part 3 eBook 3. What would be the net book value of the property (land and building) at the end of year 2? (Amounts to be deducted should be indicated by a minus sign.) Hint Net book value of property at end of Year 2 Print References Net book value
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