Question 4 1.2 pts BizTech bought a new building for its headquarters in the year 2015. The building cost 795,649 dollars and the company spent an additional 68,662 dollars renovating the space before it was put into service. The building has been in use since October 21st, 2015. BizTech forecasted that in 2040 the building would have a net salvage value of $1,000,000. Estimate the remaining Book Value of the building in 2029 if BizTech decides to sell the building on February 15th 2029 for $1,250,633. (note: round your answer to two decimal places; do not include spaces or dollar signs; do not round the recovery factors from the depreciation tables and make sure to include plenty of digits in your calculations). TABLE 5: Straight Line Depreciation for Residental Real Property (27.5 year life) Month Placed Into Service Year 1 Years 2-27 Year 28 Year 29 1: Jan .034848 .036364 .019688 0 2: Feb .031818 .036364 .022718 0 3: Mar .028788 .036364 .025748 0 4: Apr .025758 .036364 .028778 0 5: May .022727 .036364 .031809 0 6: Jun .019697 .036364 .034839 0 7: Jul .016667 .036364 .036364 .001505 8: Aug .013636 .036364 .036364 .004536 9: Sep 010606 .036364 .036364 .007566 10: Oct .007576 1036364 .036364 .010596 11: Nov .004545 .036364 .036364 .013627 12: Dec .001515 .036364 .036364 .016657 Pick the month placed into service, then the depreciation factor for each year is given in that row