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Marjorie corporation acquired a building on January 1st 2018 for $660,000 the building had an estimated useful life of 15 years and had an estimated

Marjorie corporation acquired a building on January 1st 2018 for $660,000 the building had an estimated useful life of 15 years and had an estimated residual value of $60,000. on January 1st 2020 Marjorie corporation determined that the building could only be used for a total of 12 years and there would be no residual value. compute depreciation expense for the year ending December 31st 2020 if Marjorie corporation uses straight line depreciation

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