In $1998,$ Crane Company completed the construction of a building at a cost of $$4,040,000$ and first occupied it in January $1999.$ It was

estimated that the building will have a useful life of $40$ years and a salvage value of $$200,600$ at the end of that time.

Early in $2007,$ an addition to the building was constructed at a cost of $$1,515,000.$ At that time it was estimated that the remaing lif

of the building would be$,$ as originally estimated, an additional $32$ years, and that the addition would have a life of $32$ years, and a

salvage value of $$20,600$

In $2027,$ it is determined that the probable life of the building and addition will extend to the end of $2048$ or $10$ years beyond the

original estimate.

$($a$)$

Your answer is correct.

Using the straight$-$line method, compute the annual depreciation that would have been charged from $1999$ through $2006.$

Annual depreciation from $1999$ through $2006$$

$/$yr$.$

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Attempts: $2$ of $4$ used

$($b$)$

Your answer is incorrect.

Compute the annual depreciation that would have been charged from $2007$ through $2026.$

Annual depreciation from $2007$ through $2026$$

$/$yr$.$