Partha Corp. purchased a building on July 1, 2018, that costs $ 650,000 and is estimated to be used for 20 years. At the end of the 20 years, Partha expects to sell the building for $150,000 and Partha uses the straight line method of depreciation. Which of the following statements is correct with respect to this building? Multiple Choice Book Value at 12/31/18 is $487,500 Book Value at 12/31/18 is $637,500 O O Book Value at 12/31/18 is $425,000 o Book Value at 12/31/18 is $625,000