E9-2 Computing and Recording a Basket Purchase and Straight-Line Depreciation [LO 9-2, LO 9-3] /The following information applies to the questions displayed below.] Bridge City Consulting bought a building and the land on which It is located for $200,000 cash. The land is estimated to represent 60 percent of the purchase price. The company pald $30,000 for bullding renovations before It was ready for use