Questions 5 (8 points) Monroe, Inc. purchased a building on January 1, 2010. The building cost $2,600,000 ad had an estimated salvage value of $200,000. As of January 1, 2020, Monroe estimated the useful life of the building to be 30 years. The building is depreciated using the straight- line method. On January 1, 2020, Monroe, Inc. determined the building to have a remaining useful life of 15 years and an estimated salvage value of $300,000.