Exercise 11-13 (Part Level Submission) Martinez Company constructed a building at a cost of $2,596,000 and occupied it beginning in January 1998. It was estimated at that time that its life would be 40 years, with no salvage value. In January 2018, a new roof was installed at a cost of $354,000, and it was estimated then that the building would have a useful life of 25 years from that date. The cost of the old roof was $188,800. (a) Your answer is correct. What amount of depreciation should have been charged annually from the years 1998 to 2017 (Assume straight-line depreciation.) Depreciation from the years 1998 to 2017 Click if you would like to Show Work for this question: Open Show Work 64900 SHOW LIST OF ACCOUNTS SHOW SOLUTION LINK TO TEXT LINK TO TEXT Attempts: 1 of 15 used