Question 19 Incorrect Mark0.00 out of 1.00 P Flag question Depreciation Expense Using the Straight-Line Method The Peete Company purchased an office building for 54,500,000. The building had an estimated useful life of 25 years and an expected salvage value of $500,000 Calculate the depreciation expense for the second year using the straight line method. $ 100,000 Check thithi 0 .00