Swifty Corporationconstructed a building at a cost of $30550000. Weighted-average accumulated expenditures were $12500000, actual interest was $1260000, and avoidable interest was $610000. If the salvage value is $2400000, and the useful life is 40 years, depreciation expense for the first full year using the straight-line method is

$779000.

$1031500.

$719000.

$750500.