Sheffield Corp. constructed a building at a cost of $14000000. Weighted-average accumulated expenditures were $5590000, actual interest was $552000, and avoidable interest was $272000. If the salvage value is $1060000, and the useful life is 40 years, depreciation expense for the first full year using the straight-line method is O $337100. $470050. O $330300. O $356800.

Sheffield Corp. constructed a building at a cost of $14000000. Weighted-average accumialated expenditures were $5590000, actual interest was $552000, and avoidable interest was $272000, If the salvage value is $1060000; and the usefullife is 40 years. depreciation expense for the first full year using the straight-line method is $337100. 5.470050 5330300 $356800