Question 8 (1 point) What is the Year 1 depreciation expense under the straight-line method for a building assuming the building cost $650,000, will be used for 15 years, and has a residual value of $500,000? A Question 9 (2 points) A company purchased a computer and will be using the straight-line method of depreciation. The computer cost $1,000 when it was purchased on October 1, will be used for 5 years, and has a residual value of $150. What dollar amount should be in the Accumulated Depreciation account at December 31st? Huge hint: This is a partial-year depreciation problem. Notice the dates. N