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Current Attempt in Progress In 1993, Blossom Company completed the construction of a building at a cost of $2,460,000 and first occupied it in January

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Current Attempt in Progress In 1993, Blossom Company completed the construction of a building at a cost of $2,460,000 and first occupied it in January 1994. It was estimated that the building will have a useful life of 40 years and a salvage value of $74,400 at the end of that time. Early in 2004, an addition to the building was constructed at a cost of $615,000. At that time, it was estimated that the remaining life of the building would be, as originally estimated an additionat 30 years, and that the addition would have a life of 30 years and a salvage value of $24,600 In 2022, it is determined that the probable life of the building and addition will extend to the end of 2053, or 20 years beyond the original estimate X Your answer is incorrect Using the straight-line method, compute the annual depreciation that would have been charged from 1994 through 2003 Annual depreciation from 1994 through 2003 $ 79320 yr * Your answer is incorrect Compute the annual depreciation that would have been charged from 2004 through 2022 Annual depreciation from 2004 through 2021 $ 99000 Vyr. eTextbook and Media List of Accounts X Your answer is incorrect, Compute the annual depreciation to be charged, beginning with 2022. (Round answer to O decimal places, es. 45,892) Annual depreciation expense -- building eTextbook and Media List of Accounts

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