My question is SE8-2

Cambridge Business Publishers Chapter 8 Property, Plant and Equipment and Intangible Assets ( MOMOWO MBC Homework ( LO2 SE8-2. Depreciation Expense Using the Straight-Line Method The Pack Company purchased an office building for $4,500,000. The building had an estimated useful life of 40 years and an expected sal- vage value of $500,000. Calculate the depreciation expense for the second year using the straight- line method. LO2 SE8-3. Depreciation Expense Using the Double-Declining Balance Method The Pack Company pur- chased an office building for $4,500,000. The building had an estimated useful life of 40 years and an expected salvage value of $500,000. Calculate the depreciation expense for the second year using the double-declining balance method. LO2 SE8-4. Depreciation Expense Using the Units-of-Production Method The Likert Company is a coal company based in West Virginia. The company recently purchased a new coal truck for $60,000. The truck had an expected useful life of 200,000 miles and an expected salvage value of $2,000. Calculate the depreciation expense using the units-of-production method assuming the truck trav- elled 40,000 miles on company business during the year. LO4 SE8-5. Sale of a Building The Miller Company sold a building for $400,000 that had a book value of $450,000. The building had originally cost the company $12,000,000 and had accumulated depre- ciation to date of $11,550,000. Calculate the gain or loss on the sale of the building. L05 SE8-6. Goodwill Impairment Bruceton Farms Equipment Company had goodwill valued at $80 million on its balance sheet at year-end. A review of the goodwill by the company's CFO indicated that the goodwill was impaired and was now only worth $50 million. What is the financial statement effect of the goodwill impairment? SE8-7. Amortization Expense Los Altos, Inc. obtained a patent for a new optical scanning device. The fees incurred to file for the patent and to defend the patent in court against several companies that chal- lenged the patent amounted to $45,000. Los Altos, Inc. concluded that the expected economic life of the patent was 12 years. Calculate the amortization expense that should be recorded in the second year. Homewoy MBC Homewoo ( L05 Homework MBC ponorted net income of $50 000 total as