Depreciation Expense Using the Straight$-$Line Method

The Pack Company purchased an office building for $$4,500,000.$

The building had an estimated useful life of $40$ years and an expected salvage

value of $$500,000.$

Calculate the depreciation expense for the second year using the straightline

method. $

The Pack Company purchased an office building for $$4,500,000.$

The building had an estimated useful life of $40$ years and an expected salvage

value of $$500,000.$

Calculate the depreciation expense for the second year using the straightline

method. $

Calculate the company$$s return on assets.