Shahia Company bought a building for $82,000 cash and the land on which it was located for $111,000 cash. The company paid transfer costs of $19,000 ($6,000 for the building and $13,000 for the land). Renovation costs on the building were $33,000. 2. Compute straight-line depreciation at the end of one year, assuming an estimated 10-year useful life and a $18,000 estimated residual value. Straight-line depreciation