In 1998, Kingbird Company completed the construction of a building at a cost of $2,420,000 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 $72,800 at the end of that time. Early in 2009, an addition to the building was constructed at a cost of $605,000. 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 $24,200. 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. (d) X Your answer is incorrect. Compute the annual depreciation to be charged, beginning with 2027. (Round answer to 0 decimal places, e.g. 45,892.) Annual depreciation expense-building \$ eTextbook and Media List of Accounts Attempts: 1 of 3 used