Question $3$ of $4$

$\frac{1}{4}$

In $1998,$ Whispering Company completed the construction of a building at a cost of $$2,220,000$ and first occupied it in January $1999.$ It was estimated that the building will have a useful life of $40$ years and a salvage value of $$66,400$ at the end of that time.

Early in $2009,$ an addition to the building was constructed at a cost of $$555,000.$ At that time, it was estimated that the remaining life of the building would be$,$ as originally estimated, an additional $30$ years, and that the addition would have a life of $30$ years and a salvage value of $$22,200.$

In $2027,$ it is determined that the probable life of the building and addition will extend to the end of $2058,$ or $20$ years beyond the original estimate.

$($a$)$

Your answer is correct.

Using the straight$-$line method, compute the annual depreciation that would have been charged from $1999$ through $2008.$

Annual depreciation from $1999$ through $2008$

$\frac{?}{yr}.$

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List of Accounts

$($b$)$

Your answer is incorrect.

Compute the annual depreciation that would have been charged from $2009$ through $2026.$

Annual depreciation from $2009$ through $2026$

$

$\frac{?}{yr}.$

eTextbook and Media

List of Accounts

Attempts: $2$ of $5$ used

$($C$)$

The parts of this question must be completed in order. This part will be available when you complete the part above.

$($d$)$

The parts of this question must be completed in order. This part will be available when you complete the part above.