Multiple choice Question 19 On January 1, Comicon Corp. purchased and with a usable building on it for $300000. The cost of the land and building were $120000 and $180000, respectively. Comicon depreciates the building using the straight-line method over 20 years with an expected $24000 salvege value. The annual depreciation expense on the building is: $0. $5000 S7800 $10800