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find building and straight line dpereciation. the answer i put for building is wrong, but land is correct. Required information [The following information applies to
find building and straight line dpereciation.
Required information [The following information applies to the questions displayed below.] Bridge City Consulting bought a building and the land on which it is located for $100,000 cash. The land is estimated to represent 60 percent of the purchase price. The company paid $10,000 for building renovations before it was ready for use, . Compute straight-line depreciation on the buliding at the end of one year, assuming an estimoted 10 -year useful ife and a sti,000 estimated residual value. (Do not round intermediate calculations.) 4. What should be the book value of (d) the land and (b) the building at the end of year 2 the answer i put for building is wrong, but land is correct.
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