Oriole Company constructed a building at a cost of $ 2,040,000 and occupied it beginning in January 2001. It was estimated at that time that its life would be 40 years, with no salvage value In January 2021, a new roof was installed at a cost of $360,000 and it was estimated then that the building would have a useful life of 25 years from that date. The cost of the e old roof was $ 192,000 (a) Your Answer Correct Answer Your answer is correct What amount of depreciation should have been charged annually from the years 2001 to 2020 Asume straight line depreciation $ Depreciation per year 000 e Textbook and Media (d) x Your answer is incorrect What amount of depreciation should be charged for the year 20211 Depreciation for the year 2021 (Assume the cost of the old root is removed) Depreciation for the year 2021 (Assume the cost of the new root is debited to accumulated depreciation - buliding) $ eTextbook and Media List of Accounts Sve for Later Attempts: 1 of 3 used Submit A