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Tristen Company purchased a five-story office building on January 1,2022, at a cost of $5,000,000 The building has a residual value of $200.000 and a

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Tristen Company purchased a five-story office building on January 1,2022, at a cost of $5,000,000 The building has a residual value of $200.000 and a 30 -year life. The straight-line depreciation method is used. On June 30,2024, construction of a soath floor was completed at a cost of $1,650,000 Required: Calculate the depreciation on the building and bulding addition for 2024 and 2025 , assuming that the addition did not change the lfe or residual value of the building. (Hint: Calculate depreciation for the building and oddition seporately. Assume the oddition hos no residual value and an estimated life equal to the remaining useful life of the building.)

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