Question 9 Marjone Corporation acquired a building on January 1, 2018, for $660,000. The bandham estimated useful life of 15 years and an estimated residual value of $60.000. On barry 1.2020 Marjorie Corporation determined that the building could only be used for a total of 12 yrs and there would be no residual value. Compute depreciation expense for the year ending December 31 2020. if Marjorie Corporation uses straight-line depreciation (round to the nearest dollar 558.000 $48,333 $54,000 $63,290 None of the above