Cheesesteak's Sandwich Shop had the following long$-$term asset balances as of January $1,2024$:

Cost Accumulated Depreciation Book Value

Land $$83,0000$ $$83,000$

Building $558,000$ $$(106,020)451,980$

Equipment $131,400(29,600)101,800$

Patent $120,000(48,000)72,000$

Additional information:

Cheesesteak's purchased all the assets at the beginning of $2022.$

The building is depreciated over a $20-$year service life using the double$-$declining$-$balance method and estimating no residual value.

The equipment is depreciated over a $8-$year useful life using the straight$-$line method with an estimated residual value of $$13,000.$

The patent is estimated to have a five$-$year service life with no residual value and is amortized using the straight$-$line method.

Depreciation and amortization have been recorded for $2022$ and $2023($first two years$).$

$3.$ Calculate the book value for each of the four long$-$term assets at December $31,2024.$