Lolipop bought the building on April 1, 2017 for $1,000,000. The building is 40 years old on the date of purchase. The company uses a fixed depreciation method. On March 31,2015 , the building was reassessed with a market value of $ 1,150,000. (The company uses the Straight Line and Year erded II method) Q: Please show the above record in Lolipop financial statements for the year end: March 2018. Lolipop bought the building on April 1, 2017 for $1,000,000. The building is 40 years old on the date of purchase. The company uses a fixed depreciation method. On March 31,2015 , the building was reassessed with a market value of $ 1,150,000. (The company uses the Straight Line and Year erded II method) Q: Please show the above record in Lolipop financial statements for the year end: March 2018