Skysong Ltd. constructed a warehouse for 344,000. Skysong estimates that the warehouse has a useful life of 20 years and no residual value. Construction records indicate that 39,600 of the cost of the warehouse relates to its heating, ventilation, and air conditioning (HVAC) system, which has an estimated useful life of only 8 years. Compute the first year of depreciation expense using straight-line component depreciation