Determining earnings effects of changes in useful lives and salvage values$-$SL $($LO $11-7)($Asese

Assume that Major Motors Corporation, a large automobile manufacturer, reported in a recent annual report to shareholders that its buildings had an original cost of $$4,694,000,000.$

a$.$ Major Motors uses the straight$-$line depreciation method to depreciate the buildings over a useful life of $34$ years. salvage value of $5\%$ of their original cost.

d$.$ Assume a tax rate of $21\%.$

Required:

What is the book value of the buildings at the end of the current year $($that is$,$ before adjusting for any change in useful lives or salvage values$)?$