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Tristen Company purchased a five - story office building on January 1 , 2 0 2 2 , at a cost of $ 8 ,
Tristen Company purchased a fivestory office building on January at a cost of $ The building has a residual value of $ and a year life. The straightline depreciation method is used. On June construction of a sixth floor was completed at a cost of $
Required:
Calculate the depreciation on the building and building addition for and assuming that the addition did not change the life or residual value of the building. HInt: Calculate depreclation for the bullding and addlition separately. Assume the addltion has no residual value and an estimated life equal to the remalning useful life of the bullding.
tableYearDepreciationBuildingAddition
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