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In 1 9 9 8 , Nash Company completed the construction of a building at a cost of $ 2 , 0 4 0 ,

In 1998, Nash Company completed the construction of a building at a cost of $2,040,000 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 $59,200 at the end of that time.
Early in 2009, an addition to the building was constructed at a cost of $510,000. At that time, it was estimated that the remaining
life of the building would be, as originally estimated, an additional 30 years, and that the addition would have a life of 30 years and a
salvage value of $20,400.
In 2027, it is determined that the probable life of the building and addition will extend to the end of 2058, or 20 years beyond the
original estimate.
(a)
Using the straight-line method, compute the annual depreciation that would have been charged from 1999 through 2008.
Annual depreciation from 1999 through 2008,$,? yr.
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(b)
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