Stevenson Corporation acquires a $1-$year$-$old building at a cost of $$500,000$ at the beginning of Year $2.$ The

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building has an estimated useful life of $50$ years. However, based on reliable historical data, the company believes the carpeting will need to be replaced in $5$ years, the roof will need to be replaced in $15$ years, and the HVAC system will need to be replaced in $10$ years. On the date of acquisition, the cost to replace these items would have been carpeting, $$10,000$; roof, $$15,000$; and HVAC system, $$30,000.$ Assume no residual value.

Required:

Determine the amount to be recognized as depreciation expense in Year $2$ related to this building.