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Pjanic Company suffers a loss to its building in a fire and spends $240.000 on repairs and improvements, des that $160.000 of the expendture represents

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Pjanic Company suffers a loss to its building in a fire and spends $240.000 on repairs and improvements, des that $160.000 of the expendture represents repairs of long lived assets damaged in the fire and 589,000 QUESTION 14 represents improvements to the building. These improvements extend the useful life of the building Pric should make the following journal entry Accumulated Depreciation - Building 80.000 Loss from Fire 160.000 Cash. 240,000 Loss from Fire 240,000 Cash 240.000 Building 30,000 Loss from Fire .160,000 Cash 240.000 Building 240.000 Cash 240.000 QUESTION 15 River Company purchased a tooling machine on January 1, 2018 for $300.000. The machine was being deprecated on the line method over an estimated useful fe of years, with no sava value. On January 1, 2010 the company paid $100,000 to overhaul the machine. As a result of this improvement, the company estomated that the useful life of the machine would be extended an additional 3 years 18 years total. What should be the deprecation expense recorded for the machine in 20207 O 146.667 $66.667 $35.000 $60,000

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