Timberly Construction makes a lump-sum purchase of several assets on January 1 at a total cash price of $810,000.The estimated market values of the purchased assets are building, $427,800; land, $241,,800; land improvements, $37,200; and four vehicles, $223,200

Compute the first year depreciation expense on the building using the straight line method,assuming a 15 year life and 31,000 salvage value(round nearest whole dollar)

Depreciation expense on building?