PLEASE SHOW ALL WORK

Determining earnings effects of changes in useful lives and salvage values SL (LO 11-7) a. Major Motors uses the straight-line depreciation method to depreciate the buildings over a useful life of 34 years. d. Assume a tax rate of 21%. Required: 1. What is the book value of the buildings at the end of the current year (that is, before adjusting for any change in useful lives or salvage values)? Determining earnings effects of changes in useful lives and salvage values SL (LO 11-7) a. Major Motors uses the straight-line depreciation method to depreciate the buildings over a useful life of 34 years. d. Assume a tax rate of 21%. Required: 1. What is the book value of the buildings at the end of the current year (that is, before adjusting for any change in useful lives or salvage values)