E8-3 Computing and Recording Cost and Depreciation of Assets (Straight-Line Depreciation) LO8-2, 8-3 The foloing auon apples to the quesions displayed below Shahia Company bought a building for $73.000 cash and the land on which it was located for S19,000 cash. The company paid transter costs or $14.000 ($3,000 for the building and $11.000 for the landi. Renovation costs on the buiding were $30.000. L1t points MB-7 Identifying Asset Impairment LOB-4 Fair ValueIs Assot Amount od i Impained? 1630,11500 Facoryb.ldng